New York HVAC and Refrigeration Services Company

New York HVAC and Refrigeration Services Company

Price: $375,000

Location: Kings County, New York

Industry: Construction Related, Construction-HVAC

Listing ID: 1000

This NY based HVAC and refrigeration services company has been operating for more than 23 years. The company is known for high quality work, accurate estimates and exceptional service. Its customer base includes both commercial and residential accounts,
with a concentration in the restaurant and food processing industry. Product offerings are focused on top-of-the-line HVAC and refrigeration units.

The company recently expanded into servicing surgical and gestroentological centers. It has also expanded its geographic reach.

The company’s facilities include warehousing/storage, repairs area, welding station, and office space.

Listing Details

Revenue: $829,506

Cash Flow: $150,674

FFE: $70,000 (Included in Price)

Reason For Sale:

Retirement

Training & Support:

Training and Support Available

Operation

Year Established: 1996

Owner Hours Per Week: 50

Employees: 5

Location

Monthly Rent: $ 1,700

Square Footage: 1100

Facilities Information:

1,100 office and warehouse space.
Equipped with working space for capital repairs, welding station, and a storage area for iron metal. Facilities also includes storage area for ducts and pipping on an upper level.

Lease Expiration Date 01/01/2024

Summary

Potential Growth:

The HVAC industry is growing and evolving due to rising construction activities, increasing population, urbanization, climatic changes and decreasing unemployment rate. Rising demand for energy-efficient products continue to create generate growth in the HVAC industry. With the increase of spending on construction in the US, HVAC contractors are in an excellent position to capitalize on the opportunities in the market that lie ahead.

Kyle Griffith

kyle@nybbinc.com
(631) 339-0249
Address:
The NYBB Group
25 Melville Park Road Suite 216 Melville, NY 11747

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