Price: $125,000
Location: cape May County, New Jersey
Industry: Services
Listing ID: const142
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.
Listing Details
Revenue: $262,200
Cash Flow: $87,000
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.
Operation
Year Established: 1990
Days & Hours of Operation: Due to the nature of the industry, the business is active 24/7 days by appointment only.
Owner Hours Per Week: full time
Employees: This particular business has one employee who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $5,000.
Location
Security on Lease: Two Months
Lease Option: Yes additional options.
Monthly Rent: 800.00
Type of Location: Commercial Avenue
Square Footage: 1200
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.
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.