Price: $250,000
Location: Atlantic County, New Jersey
Industry: Construction
Listing ID: CONST150
Professional New Jersey HVAC company that services the residents of southern New Jersey with heating, and air conditioning needs residential and commercial. The company has a mechanical HVAC license and will include the license in the sale transaction at a monthly rental cost of $ 1,500. This is primarily an HVAC company which has been in business for many years. The company is ten years old with an excellent reputation. The business projects a yearly gross income of $500,000 and a consistent net yearly income. The company services all of its customers’ 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 at an aggressive price. Must have experience in this industry to operate the company.
Listing Details
Revenue: $500,000
Cash Flow: $100,000
FFE: $45,000 (Included in Price)
Inventory: $1,500 (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: 2014
Days & Hours of Operation: Due to the nature of the industry, the business is active six days weekly and by appointment only.
Owner Hours Per Week: Full Time
Employees: This particular business has two employees who is unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $8,000.
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 900.00
Type of Location: Commercial Avenue
Square Footage: 1500
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
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.
Financing/Terms:
seller financing has been approved to a qualified buyer with an appropriate down payment, collateral, and credit rating.
