Established Commercial Refrigeration Sales and Service

VA

Established Commercial Refrigeration Sales and Service
Contact Seller

Asking Price: Get Financing: $490,000

Cash Flow: $166,792

Gross Revenue: $854,805

EBITDA: N/A

FF&E: $60,000

Inventory: $80,000

Real Estate: $150,000

Established: 1936

Established Commercial Refrigeration Sales and Service

Get Financing Save Print Share Valuation Report

Business Description

This profitable commercial refrigeration company was started over 70 years ago as an appliance sales and service business when very little refrigeration equipment even existed. Over the life of the company it has become the premier commercial refrigeration sales and service source for many businesses throughout the 4 county market that they serve.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,161
Employees:
7 FT/2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Physical Location is in close proximity to the downtown of a midsize city in the western part of Virginia. Included in the space are 2 offices, 1 heated shop and 1 unheated Shop. There is also a Paint Room and Bathroom. A 16’ x 25’ loading dock is located just off the shop in the rear of the building.
Competition:
The company works only with commercial refrigeration which gives them a big advantage in expertise over companies where refrigeration is a small part of their business. Offering the best after hours service available and a multitude of excellent referrals from long-time customers puts the business in a great position over any competition in this market.
Growth & Expansion:
This company does have to turn down work from time to time because of the amount of demand that exists in their market. Ownership believes the business would benefit with an increase in the number of preventative maintenance agreements. Any additional programs or marketing campaigns would need to include the hiring of additional service technicians.
Financing:
Lender pre-screened with $98k down.
Support & Training:
Will train for 4 weeks @ no cost. Commercial refrigeration sales and service. Service work includes repairs, warranty and installations. Type of Equipment sold includes Ice machines, walk-ins, commercial coolers and freezers. A Virginia Class A Contractors License with a Refrigeration Classification will be required. The current owner's license can be used as long as he/she is still employed while the new owner took time to acquire one.
Reason for Selling:
Owners are ready to retire.
Contact Seller

Contact the Seller

Contact Seller Loading

Dick Halterman, II

Business Listed By:
Richard (Dick) K. Halterman, 11

Murphy Business & Financial Corporation

Show Phone Number

View My Listings


Listing Statistics for Premium Members

Ad#:1451519 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


All About People

Franchise Opportunity
Capital Required: $225,000