Professional North Jersey HVAC company that services various national franchise businesses including Burger King, Taco Bell, KFC, Boston Market, Pizza Hut with their refrigeration, heating and air conditioning needs. The business has a 2015 gross yearly income of $963,584 and a net yearly income of $270,518. 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. The business assets have an estimated value of $250,000 based on the 2015 corporate tax returns. The sale consists of a fully equipped commercial HVAC company which includes multiple vans, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. 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. Due to the nature of the industry, the business is active 24/7 days. The sale includes a certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a solid investment return to the owner operator prior to debt service. The 2015 yearly gross income is $963,584 and the business has a yearly net income of $270,518 based on an onsite owner operator and prior to debt service. The business has been valued at $795,000, based on a multiple of the average net yearly income which includes the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. 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.
Asking Price $795,000
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