Business Sold BS153046 BS153046, Sydney, New South Wales 2000
Business Category Building and Construction Lawn Mowing
SOLD
Description
Sold! Refrigeration And Air Conditioning Business - Sydney
Business ID: BS153046
Established 40 years Great Bolt On. T/O $3.0M p.a. Recovering from COVID Small Profit Great Opportunity Offers Over $250,000
This business was started some 40 years ago by the present owner who has built a reputation for providing work and servicing of the highest quality. The company sells, installs, and services domestic and commercial air conditioning and commercial refrigeration. Due to its reputation, the business has many repeat customers which on average accounts for approximately.
The business was badly affected by Covid and the owner is on his way to turning the profits around. Currently, there are confirmed orders for over $1.2M and quotes for $1.35 in the pipeline. Current yearly maintenance contracts are valued at $330K.
- Established 40 years
- Available at less than Replacement Cost
- Great Local Reputation
- Major Supplier Relationships
- Repeat business
- Established maintenance contracts
The owner is prepared to remain in a part-time consultancy role on terms to be agreed upon to ensure a smooth handover.
This business opportunity would suit an entity already in the refrigeration and air conditioning industry to acquire an established business at well below its potential value. Please note this is not a business for a person not experienced in the refrigeration industry.
Asking Price: Offers are invited over $250,000 for the assets and goodwill of the business. Stock is not included and will be valued at cost as of the date of settlement.
Property Code: 3241
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