Air Conditioning Business For Sale in Ocean New_jersey

Please fill the form below to Register.

Once you register as a Buyer you will be able to access all the phone details and many more features

Cash Flow Rich Residential Hvac Contractor

Location:Ocean, New Jersey

Category:Air Conditioning

Asking Price:$ 1,900,000

  • Sales revenue : $3,900,000
  • Net profit : $660,000
  • Furniture/Fixtures value : $250,000
  • Inventory/Stock value : $200,000
  • Cash Flow Rich Residential Hvac Contractor

Business description

This well-known Residential HVAC Contractor with over 350 Service Contracts has provided quality heating and air conditioning services to the local Ocean County New Jersey community for over 30 years. The Company has experienced consistent revenue growth and enjoys high operating margins with documented profitability. The seller’s 4,000 SF facilities are perfectly suited to servicing the local target market.

The Company enjoys a competitive advantage by leveraging its locally recognized brand, industry expertise and impeccable reputation to provide its loyal client base with an exceptional customer experience and fair pricing – stability and growth have been the result. This is a turnkey operation with experienced management and technicians in place plus an owner that is willing to stay on in an advisory role. It is projected that a new owner will obtain compelling additional growth by expanding the direct sales efforts to serve a wider territory with a minimal personnel investment of $100k to $200k per year. The company projects an accelerated revenue growth rate under such premise of 20% to 30% per year.

The Company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 3.8x EBITDA (2021). A full valuation report is included and there is $200,000 in Net Working Capital plus another $250,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner-operator will obtain over 300k benefit in after-acquisition- debt cash flow or almost 80% ROI in Year #1.

A comfortable six-months transition period will be provided by an owner who truly wants to continue to see the business flourish. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.

(ALL DATA BASED ON SIGNED TAX RETURNS)

Other Information

  • Years Established: 30+
  • Employees: 12
  • Reason For Selling: Retirement
A Neumann & Associates, Llc
Enquiry form
Please fill the form below to Register.

Once you register as a Buyer you will be able to access all the phone details and many more features

You must select a state.

Similar Business Opportunities