3405-12714 Heating and Cooling Company $1MM in Sales

Undisclosed Address, New Jersey
Business Opportunity for Sale
Catylist Listing ID: 30028525
Property Subtypes: Business Services
Building Size (RSF): See Agent
Sale Price: $225,000
Year Business Established: 1970
Gross Revenue: $985,175 (Annual)
Cash Flow: $128,843 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Sale Terms: negotiable
Last Updated: 8/1/2017

Overview / Comments

With $1,000,000 in sales projected for 2017 this Heating and cooling company offers multiple revenue streams including residential and commercial repair and maintenance plus new housing construction.

Family owned and operated for 2 generations. Factory trained and certified technicians service all brands. This is an ideal business to roll up into an existing plumbing and heating company or for first time buyer.

Growing business that is Priced to sell for retiring owner!

Additional Details

Industry Segment: Electr., Mech. and HVAC Contractors
Reason for Selling: Owner Relocating.
Value of Inventory Included ($): $100,000
Value of Furniture, Fixtures, and Equipment ($): $56,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Lease is negotiable.
Employee/Labor Description: 4 FT/1 PT. Mon-Fri 7am-6pm; Sat 7am-3pm.
Mgmt/Training Support Description: Will train for 4 weeks @ no cost. Master HVAC License. Home Improvement Contractor License.
Competition/Market Description: Highly fragmented industry with numerous competitors.
Growth/Expansion Opportunities: Additional advertising and cross promotion will help grow the business.
Seller Financing Description: negotiable

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 786 20,823
Median Age: 42.75 39.37
Households: 280 7,291
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