Price: $89,900
Location: Atlantic County, New Jersey
Industry: Construction
Listing ID: CONST134
Professional New Jersey HVAC company that services the residents of southern New Jersey with heating, plumbing and air conditioning needs. The company has a Mechanical HVAC license and will include the license into the sale transaction. This is primarily a residential HVAC company which has been in business for many years. The company is ten years old with an excellent reputation. The business has a gross yearly income of $262,000 and a consistent net yearly income. The company services all of its customer’s needs and they are committed to excellence from installation to products in order to best service to customer care. This is a dependable business opportunity and is priced an aggressive price. The 2021 yearly gross income was $268,200 and the business has a yearly net income of $87,000 based on an onsite owner operator and prior to debt service. The company has now reopened early 2022.
Listing Details
Revenue: $260,000
Cash Flow: $75,000
FFE: $55,000 (Included in Price)
Inventory: $1,000 (Included in Price)
Reason For Sale:
The owner was previously injured and cannot maintain any physical labor and is entering into an alternative industry.
Training & Support:
The owner will remain post-closing in order to supply an appropriate training & transitional period to the new operator.
Location
Security on Lease: Two months
Lease Option: Yes, Available
Monthly Rent: $800.00
Type of Location: Active Commercial Businesses
Square Footage: 1400
Relocatable?: Yes
Facilities Information:
The company is located in southern New Jersey, Cape May County, which consists of various highly populated and affluent communities with continued demand for this professional service.
Summary
Owner Qualifications:
This industry requires state licensing approval to operate.
Competition:
Competition is a non-issue to this company due to the particular type of industry.
Potential Growth:
The business presently has a limited marketing plan, poor web site and if improved can further develop the business bottom line net income.