30-Year-Old NYC HVAC Company
NYC, New York
| Asking Price: |
Gross: |
Cash Flow: |
| $5,900,000 |
$5,500,000 |
$1,400,000 |
Furniture and Fixtures Value:
$700,000 (included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This is a very well-respected, profitable commercial HVAC service provider with revenue of approximately $5.5m. They have an excellent mix of sales with approximately 1/3 of the business from recurring service contracts, 1/3 of the business maintenance & repairs, and 1/3 of the business new installations. They service Manhattan, including the other boroughs, Long Island and Westchester. They are a SLEEPING GIANT as they have no advertising or marketing programs and instead rely on their excellent reputation for referrals and their current clients to grow the business. Very secure and stable business with a strong diverse client base of municipal clients, large healthcare systems, hospitals, universities, real estate management companies, office buildings, and religious organizations. The owner is flexible with a transition and more than happy to work with the new owners IF they desire for a few years in a sales role. Please refer to listing number 15379 when inquiring about this opportunity.
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| Year
Business was Established: 1990 |
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| Owner
willing to train:
Yes |
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