SOLD- Air- conditioning, refrigeration and solar company Nett $550,000
- Established for over 28 years
- Consistent financial performance
- Turnover in excess of $5,000,000 annually
- Profits over $550,000 in 2015
- Supply, Install and Maintenance work
- Some 300 active maintenance agreements in place
$995,000 + SAV
This Leading Air- conditioning and refrigeration company has been established for over 28 years and is among the largest on the Sunshine Coast. The business has had strong financial performance with turnover in excess of $5,000,000 and profits over $550,000 after owners wages in 2015.
They have built a solid mix of both commercial and domestic clientele and have capabilities to do any sort of work in the air conditioning refrigeration, solar and electrical fields- From design, supply and installation of new systems through to scheduled maintenance and repairs, as well as spare parts and emergency breakdowns. These broad range of business channels has allowed them to achieve consistent financial performance with the business holding up extremely well through the GFC when many of their competitors went broke. They have some 300 maintenance contracts in place which helps bring in consistent repair work and they are continually invited to tender on commercial projects. They rarely have to chase additional work and are choosey with what they take on with most of their clients being repeat and referral based.
The business price includes a fleet of 13 vehicles which are all branded and sign written. There is also an extensive list inventory of plant and equipment that is all up to date and in good working order.
The Sunshine Coast is expected to have strong growth in both domestic and commercial construction over the next several decades and this business is well placed to capitalise on this development. The maintenance and repair side of the operation will also have stronger demand with much of the coast built next to the ocean with plenty of salt in the air. A number of other opportunities still remain to be capitalised on with the business putting the foundations in place, but they are yet to follow through.
The partners involved are ready to semi retire but are keen to ensure a smooth transition to new ownership and are happy to continue working in the business for an extended period if required.Closer inspection will prove this profitable business has all the right foundations to be taken further…. Call now to find out more.
$995,000 + SAV
Michael Yared- 0431 172 889