Price: $350,000
Location: Passaic County, New Jersey
Industry: Construction
Listing ID: CONST137
Successful professional New Jersey HVACR company that services various commercial companies including national franchise businesses with their commercial refrigeration and kitchen equipment, heating and air conditioning needs. This is non-residential, commercial contracts only. The business has a 2020 gross yearly income of $1,189,217 and a net yearly income of $410,426. The company services all of its customer’s needs, from light commercial to industrial HVAC applications and commercial refrigeration. They are committed to excellence from installation to products in order to best service to customer care. This is a dependable business opportunity. The 2020 yearly gross income is $1,189,217 and the business has a yearly net income of $410,426 based on an onsite owner operator and prior to debt service. The industry was negatively affected during 2021 due to the pandemic, and 2022 income is projected to be higher than the previous year. The price reflects the present income.
Listing Details
Revenue: $1,189,000
Cash Flow: $410,000
FFE: $150,000 (Included in Price)
Inventory: $4,998
Training & Support:
The owner will remain post-closing in order to supply an appropriate training & transitional period to the new operator.
Operation
Year Established: 1985
Owner Hours Per Week: full time
Employees: 3
Location
Relocatable?: Yes
Facilities Information:
The company is located in northern / central New Jersey, Passaic County, which consists of various highly populated affluent communities with continued demand for this professional service.
Summary
Historical Summary:
The company is located in northern / central New Jersey, Passaic County, which consists of various highly populated affluent communities with continued demand for this professional service.
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, no web site and if improved can further develop the business bottom line net income.