SOLD

Commercial Air Conditioning NSW

NSW
Commercial Air Conditioning NSW

Last asking price $2,750,000

Sold October 2023

General Retail, Personal Services

This commercial air conditioning and refrigeration business operates throughout Sydney mostly with a solid team managing the mid-north coast arm of the business.

The business has an outstanding reputation and is very well known for its commercial design, construction, and installation work with large-scale projects in health, hospitality, manufacturing, and education as examples. Around 85% of the total business is Commercial work and then the rest is domestic. Around 20% of the commercial revenue is ongoing commercial service work in Industrial refrigeration.

This is a family-owned business that has organically grown with revenue of over $13,000,000 in EOFY2022 and an adjusted Net Profit of over $1,500,000. This represents 54% return on investment and will have any HVAC acquirer finding other cost efficiencies as well.

The sale includes an extensive register of assets worth over $800,000 not to mention the exciting pipeline of contracts.

Exceptional training and transition will be available as required to ensure a smooth transition takes place.

Genuine buyers wanting to find out more about this quality business opportunity, please email xxxxx or call xxxxx.

General Retail for sale in New South Wales

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