Commercial Refrigeration Repair, Maintenance & Installation #2046

Financial & Assets Details

About the Business

Business Description

Commercial services business for sale. The business has rebounded from its 2020 financial performance. Annual revenues for 2021 are estimated to be $1,260,000+ with cash flow estimated to be $340,500+. This business provides repair, maintenance, and installation services to commercial kitchens, hotels, restaurants and other foodservice related businesses. Equipment serviced includes: coolers, refrigeration units, cooking equipment, HVAC, ice machines, and so much more. An excellent reputation & stellar customer list has been earned through decades of quality work, done to the highest standards of quality. The workforce is highly skilled and are background checked to be able to work in high-security buildings. The ideal buyer will have a Texas Refrigeration and Air Conditioning license or a degree in Mechanical Engineering. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions at 972-219-6961.

Growth & Expansion

This business is part of a $33.5 B industry which is expected to grow by 4.28% annually between 2021 and 2028. With a small portion of the area market there is great potential to grow the business well beyond current revenues. Rapid growth of the food, hospitality and tourism markets only fuels the growth. Also, the need to effectively control and monitor the environment of a commercial kitchen is anticipated to offer lucrative opportunities to key industry participants in the near future.

Market Competition:

This business has a stellar customer list that has been earned through decades of quality work done to the highest standards of quality. The workforce is held to the highest of standards and are background checked to be able to work in high security buildings.

Location Details:

Ideally located for quick access to highways. Current offices and warehouse space will support 100%+ increase in current revenues

Support & Training

Current owner is committed to a smooth transition to new ownership.30 days on-site training and transition is included in the purchase price.

Reason for Selling:

Retirement