Under Offer! Air Conditioning and Refrigeration Business

Business ID: BS153046

T/O $2.8 M p.a. Dropped from $3.5 M due Covid.


This business was started some 40 years ago by the present owner who has built a reputation for providing work and servicing of the highest quality. The company sells, installs and services domestic and commercial air conditioning and commercial refrigeration. Due to its reputation, the business has many repeat customers which on average accounts for approximately.


The business was badly affected by Covid and the owner is on his way to turning the profits around. Currently there are requests and confirmed orders for up to $1.0M in the pipeline. Current yearly maintenance contracts are valued at $350K.

Unfortunately, the owner was recently involved in an accident that prevents him from now managing the business. He understands that he must sell the business before he has the chance to bring the business into profit. The owner would be willing to remain in a consultancy capacity to assist with the transition of the goodwill and current contracts and into the longer term, subject to his health.

   -  Established 40 years

   -  Niche Market

   -  Great Local Reputation

   -  Major Supplier Relationships

   -  Repeat business

   -  Established maintenance contracts

As mentioned before the owner is prepared to remain on as a consultant to help with the smooth transition of the business.

This business would suit an air conditioning/refrigeration engineer/s wishing to branch out on their own, particularly due to the low price, or an existing entity in the industry looking for a secure “bolt-on” opportunity.

Asking Price: Due to the ill health of the owner offer are invited from $250,000 for the assets and goodwill of the business. Stock is not included and will be sold at cost as of the date of settlement. It varies between $20,000 and $50,000

Property Code: 3241