Air Conditioning Contractor For Sale

Business description

New construction, highly profitable, stream of contracts, building boom in Hawaii. Good lease, all tools and equipment for a turn key operation.

Property information

Real Estate:

Lease

Lease terms:

Current monthly rent is $5,937.46 including CAM and GET. Lease is through February 2012. Lease can be assigned or a new lease can be negotiated.

Location:

Industrial area; covered inventory storage and equipment and tool work area for bending metal. Office inside with A/C. Outside storage and parking inside fenced area.

Other information

Expansion potential:

The present owner has focused on new construction only; there is an opportunity to enter into the service sector for repair and replacement. Again, any contractor that can actually do the work will be busy.

Competition / Market:

The building boom continues on the West side of Hawaii island. Structures close to the ocean need to have A/C. There has historically been a shortage in this market of supply of almost everything, so a good contractor that shows up on time and gets the job done right has been as busy as they want to be. This situation is expected to continue.

Support & training:

Seller will train, support, and introduce Buyer to all contacts. There are licensing requirements for this business and the Seller will assist during transition.

Reasons for selling:

Burnout and other business interests.

Trading hours:

6AM to 3PM

Financing available:

$450,000 Seller finance over 5 years at 12% $10,010 pmnt

Furniture / Fixtures value:

$145,000 (included in the asking price)

Inventory / Stock value:

$50,000 (included in the asking price)