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Business for Sale

Established HVAC Service Company – 30 Years in Business
Essex County, NJ

Listing #37439

   
Financial Information (non-confidential)
Asking Price $599,000.00 Gross Revenues $506,727.99
Down Payment $399,000.00 Owner’s Cash Flow $180,992.41

Financing: $399,000.00 Down and $200K over 4 yrs. @ 7%

Reason for Selling:Retirement.

Established HVAC Service Company – 30 Years in Business

Recurring Maintenance Revenue • Affluent Service Area • Strong Growth Potential

This is a rare opportunity to acquire a well-established HVAC service company serving an affluent residential and commercial market in Essex County, New Jersey, just west of New York City.

For more than 30 years, the business has built a strong reputation for reliable service and quality work throughout this desirable market area.

The company enjoys a loyal and repeat customer base, generating predictable recurring maintenance revenue and ongoing service opportunities.


Customer Base

  • 562 active customers
  • 340 residential bi-annual maintenance contracts
  • 14 commercial service accounts with recurring maintenance

These recurring accounts provide consistent service revenue and strong long-term customer retention.


Financial Overview

  • Annual Gross Revenue: $506,727
  • Seller’s Discretionary Earnings (SDE): approx. $180,992

In recent years, the owner has focused the business primarily on higher-margin maintenance and service work, which has improved overall profitability.


Operations

As the owner has approached retirement, he has simplified operations by:

  • Subcontracting most new system installations
  • Reducing staffing and overhead
  • Concentrating on recurring service and maintenance accounts

Current staffing includes:

  • Owner (field technician)
  • 1 full-time HVAC technician
  • 1 full-time office manager

A new owner could significantly increase revenue by adding additional technicians and performing installations in-house.


Assets Included

All furniture, fixtures, and equipment are included in the sale, including:

  • Service vehicles and professional HVAC tools
  • Diagnostic and installation equipment
  • Inventory and parts stock valued at approximately $50,000


Seller Transition Support

After 30 successful years, the owner is ready to retire but wants to ensure a smooth transition.

The seller is willing to:

  • Provide extensive training and transition support
  • Offer a consulting agreement for one year or longer
  • Potentially retain a minority equity interest for the right buyer


Ideal Buyer

This opportunity is ideal for:

  • HVAC contractors seeking to expand into affluent Essex County markets
  • Plumbing or mechanical companies adding HVAC services
  • Experienced HVAC technicians ready to own their own company
  • Construction or mechanical entrepreneurs looking for a strong service platform

With an established reputation and recurring service accounts, a motivated operator could quickly grow revenue by expanding service capacity and installation work.


Buyer Requirements

Serious and financially qualified buyers only.

Proof of at least $399,000 in liquid funds will be required prior to scheduling a buyer-seller conference call or meeting.


Confidential Sale

All inquiries are strictly confidential.

Meetings are by appointment only.

Contact:
Mel Vaz
631-767-0157
melvaz@vestedbb.com



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Attention Business Owners:

We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.


Melvin L. Vaz
Senior Business Broker
631-909-1095
melvaz@vestedbb.com
Servicing Area:
All of NY
All of NJ
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Melvin L. Vaz

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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