Sale Service Installation of Refrigeration Equipment Business For Sale

Business description

This refrigeration company was established in 1924, and has been under current ownership since 1986. The sole proprietorship specializes in sales, service and installation of refrigeration equipment. 50% of sales revenues stem from sales of industrial refrigeration and the remaining 50% from service and installation of refrigeration equipment. There is a management team in place that runs the business in a “hands on” style. They have a good cash flow with a great customer base and product distributorship. The current owner will stay on through a reasonable transition period to acclimate you to the business, the employees and clientele. Call now for more information about this great business opportunity.

Property information

Real Estate:

Real Property Included

Lease terms:

Option to lease or purchase.

Location:

The 7,500 sq. ft. single level facility that was built in 1979 is owned with the option to be leased or sold. The facility is in good overall condition. This business has city street frontage in a high traffic location with good visibility. There is ample room for expansion at the current site and this business can be relocated.

Other information

Expansion potential:

Growth and expansion can be obtained by adding outside sales and expanding the service area. An additional profit center that could be developed within the business is refurbishing and selling used equipment.

Competition / Market:

There is very little competition in this area.

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Retirement

Financing available:

There is no owner financing available.

Inventory / Stock value:

$227,500 (included in the asking price)