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Extremely Long Term Central Jersey Residential HVAC Company

Middlesex County, New Jersey, United States
listing image
Asking Price$650k
Revenue$977k
EBITDA-
Cash Flow$180k
Description
39 year old residential heating and air business serving Middlesex, Monmouth and Mercier Counties. 95% of revenue comes from residential customers with 5% from commercial. Less than 5% of sales are from new construction. Currently use Quickbooks for accounting, payroll is outsourced, and they use Podium as the CRM. Incredible opportunity for someone looking to expand into this highly sought after area.
Real Estate
Rent is $950 per month
Building Size: 855 sq. ft.
Furniture Fixtures & Equipment
$111k
Inventory
$5kIncluded in Asking Price
Number of EmployeesFull-Time: 4
Year Established
1985
Reason Selling
Retirement
Facilities & Assets
Great central location in Middlesex County
Support & Training
Owner is willing to stick around for a smooth transition
Market & Competition
HVAC industry is full of competition, however companies that take care of their customers remain busy year-round.
Asking Price$650k