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Commercial HVAC Company for sale in Passaic County, NJ

Passaic County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 595,000 $ 1,211,264 $ 409,587

Furniture and Fixtures Value:
$ 250,000 (included in the asking price)

Business Summary:
Highly successful professional New Jersey HVACR company that services various commercial companies including national franchise businesses with their refrigeration, heating and air conditioning needs. This is non-residential, commercial contracts only. The business has a 2018 gross yearly income of $1,211,264 and a net yearly income of $ $409,587. 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 particular business has three employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $19,000. The company does not have or require a commercial lease location and the business is maintained from the owners’ home office. The business has been valued at $595,000, based on a multiple of the average net yearly income which includes the specific business assets and possible seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable business opportunity. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

 

   
Year Business was Established: 1994
   
Number of Employees: 3  
   
Facilities / Terms of Lease: 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. (Home Based)  
   
Potential Growth/Expansion: The business presently has a limited marketing plan, no web site and if improved can further develop the business bottom line net income.  
   
Competition: Competition is a non-issue to this company due to the particular type of industry.  
   
Owner willing to finance: Available to a qualified buyer with an appropriate down payment.  
   
Owner willing to train: The owner will remain post-closing in order to supply an appropriate training & transitional period to the new operator.  
   
Reason for selling: The owner is relocating out of the state of New Jersey.  
   
Seller Reference Number: SVS419
BusinessMart.com Listing Number: 246615
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

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