Outstanding 31 Year Old HVAC And Refrigeration Company For Sale

Business description

Company is a service and installation business specializing in commercial and industrial refrigeration equipment sales, service and installation. Although the Company provides a wide variety of refrigeration expertise, it focuses on two market segments. It has the high demand skills needed to support the commercial refrigeration market including restaurants, food industry coolers and freezers, and as well the clean room refrigeration and food processing facilities. In addition, it has demonstrated a capability to design, engineer, provide and install large and complex refrigeration facilities in offshore locations. The Company will probably do over $2,500,000 in revenue this year. Great opportunity for the Buyer to leverage this new project revenue to the next business level.

Property information

Real Estate:

Real Property Included

Location:

The Company operates in a 2000SF building in the Upstate area of South Carolina.

Other information

Expansion potential:

The upstate area of SC is growing steadily and offers significant long term opportunities. Additional revenues could be attained thru the development of a small dedicated sales team and a dedicated crew focused on addressing the residential market for retrofitting home heat and air systems. Adding an outside Salesperson would generate significant return in new refrigeration contracts. In addition a strategic buyer can complement his business and distribution channels by acquiring a unique segment of the business that has large, highly margined contracts in the large food processing plants.

Competition / Market:

There are many competitors to the Company’s full line of potential services. However, there are no competitors in the upstate area serving the large industrial refrigeration market such as large warehouses or specialty refrigeration applications such as chiller silos or other unique projects. The nearest competitors are in Atlanta and Charlotte.

Support & training:

Seller will provide whatever training and support is required and agreed. The seller is very receptive to the idea of staying on for an extended transition period

Reasons for selling:

Seller is retiring

Financing available:

Seller will consider financing a portion of the purchase price to a qualified Buyer. Traditional real estate financing should also be available. Expected project profits should also generate excess cash flow to assist in the business purchase.

Furniture / Fixtures value:

$95,000 (included in the asking price)

Inventory / Stock value:

$45,000 (included in the asking price)