Established Refrigeration Company with Commercial Warehouse For Sale
(Seller's Discretionary Earnings)
included in asking price
not included in asking price
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C38 Contractor license required. For more than 45 years, this well-established commercial refrigeration company has earned an impeccable reputation among its extensive clientele. Stable recurring revenues provide an excellent foundation for future sales growth with existing and prospective clients. The warehouse is well positioned to serve as a base of operations in a well-maintained and attractive commercial corridor.
Annual gross sales for 2018 were $694,665 with Seller’s Discretionary earnings of $168,032. Sales for 2019 are forecasted to surpass $1 million. The business is priced at $300,000 with the commercial warehouse priced at $410,000. The business comes equipped with a 2004 Chevy pickup, multiple ladders of various heights, vacuum pump, welding kit, floor press drill, recovery refrigerant tanks, refrigeration tools, and office furniture.
The current owner of the past 31 years is planning for retirement and has deliberately limited sales growth even as demand for the company’s services has increased. The owner is available as a resource to ensure continuity of operations through the transition of ownership as well as to facilitate sales growth thereafter. This is a great opportunity for a C38 Licensed Contractor to achieve revenue growth through a strategic acquisition.
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- San Diego County, California
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