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VR Business Brokers - Clinton, NJ
59 Old Highway 22
Clinton, NJ 08809
(908) 735-6357
www.vrica.com
vr4061@vrbusinessbrokers.com
 

VR Business Brokers - Milford, CT

99 Cherry Street
Milford, CT 06460-3455
(203) 878-0554

venture.prtnrs@snet.net

Business Listing Details

LISTING#:
05221604

H1000: Contractor Services
Regional H.V.A.C. Contractor
LOCATION: Southern Connecticut
  
ASKING
PRICE

$1,800,000
AMOUNT
DOWN

$1,800,000
REVENUES:
  
$4,325,981
DISCRETIONARY
EARNINGS

$203,487
TOTAL
ASSETS

$900,000
Business is a long established H.V.A.C. contractor performing high quality work throughout Connecticut and the region. Company owns and operates fabrication facilities and has automotive, installation and repair equipment to support 20 crews. Original equipment purchased is in the $1 million range. Has 25 employees in all functions including office, shop, and on the road. Company services both large and small accounts and has unlimited growth opportunity.           Acquisition of the business will be most suited to another HVAC company within the state looking to buy market share or an HVAC company domiciled outside the state looking to expand operations into the state of Connecticut. Alternatively, a partnership team of at least two people will be necessary to operate and grow the business.                               Company will lease its entire facility beginning at $3,800 per month on leases totalling 20 years. Real estate is not for sale at this time.
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.