Listing Number: 189597-714164
Description
Commercial HVAC contractor that focuses primarily on new installations in commercial buildings in New Jersey. They have been operating for 10 years with revenues consistently growing each year and are now over $8 million annually. The company has 4 crews on the road daily and a total of 28 well-trained employees. They do all their sheet metal work in-house as well as design and build their own control systems for the HVAC units they install, which allows them to be very competitive on pricing jobs. Two partners started the company in 2015, and they are now looking to part ways, which is the reason for the sale. This business is pre-approved for SBA financing, which makes it a perfect opportunity for someone looking to get into a construction-related business in one of the fastest-growing markets in NJ!
Listing Details
- Price: $ 2,000,000
- Down Payment: $220,000
- Sellers Discretionary Earnings: $ 719,297
- Total Sales: $ 8,265,009
- Location: Ocean County, New Jersey
- Inventory: $ 100,000
- FF&E: $ 400,000
- Employees: 28
- Year Established: 2015
- Reason for Selling: Dissolve Partnership
- Category: Construction
