Air conditioning Installation and Servicing Business

2 days ago

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Internal Ref: 21248064

Summary

This air conditioning installation & servicing business has been operating for more than 30 years. It supplies, installs and services the air conditioning units and system for local area and projects.

Location Details

Northern Beaches
This business operates on the Northern Beaches and throughout the upper and lower north shore of Sydney

Potential

Over 20 years of trading, it has collected and kept a large database of local residential clients as well as commercial and industrial customers throughout surrounding suburbs. In addition, the current owner has developed long term clients in construction industry which offers more business opportunities.

Hours

Monday - Friday 8am - 4pm

Lease

Rental expense is negotiable (the vendor owns the property) It can be moved to other desired location

Employees

1 Working owner
2 x Office admins
5 x workers (full time & casual) needed for the jobs.

Reason for Sale

Owner is moving overseas.

About the Business

This is a great opportunity for those who has an interest in the air conditioning and refrigeration services market. With a stable high income in the past few years, this business proved itself worth investing. The sales figure has reached over $2 million for the past three years with the average above $2.2 million. Based on the Profit & Loss Statement of FY 2019, the 'Owners Adjusted Annualised Earnings' is about $480,000. The business is stable and mainly focus on loyal clients and profitable transactions.


Key facts about this business:

- High income, average of $2.2 million p.a
- Negotiable lease term
- Stable business
- Client database

History

The business has been operated throughout the upper and lower north shore of Sydney since 1997 and was taken over by the current owner in 2016.


For more information on this opportunity, please contact the undersigned:

Violet Cui
Business Sales Specialist
M: 0425 437 337 T: 1800 858 696 E: violet@sinosmart.com.au

For more details go to www.mentored.business and complete our online confidentiality agreement. Use the reference ID 21248064 to search for the business.


Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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