Great Bolt On for Air Conditioning. T/O $5.46M p.a. Owner's Income $755,000 p.a. Commercial and Residential Gross Return 48%!!!
This business was established 22 years ago in Sydney by the present owner, for the supply and installation of electric and hydronic (water pipes) underfloor heating systems. The business has become a leader in its field with an outstanding reputation in this niche market, for quality and service recognized by architects, builders, and all those associated with the construction industry. The use of heat pumps makes the hydronics systems particularly efficient for heating large commercial and industrial areas.
The business also has a separate division that imports and distributes equipment for hydronic to home builders and wholesale to the water floor heating industry.
• Established 22 years
• Niche Market
• High Margins
• History of Profits
• Clean Energy
• Exclusive Distributor
• Growth Industry
• No Sales Force Required
The owner will assist with the smooth transfer of the business for a period and terms to be agreed.
Advances in technology have made this type of heat more efficient and there is potential to grow this business either for an entrepreneur or an existing company within the air conditioning, heating, or associated construction industries.
Asking Price: $1.3M for the assets and goodwill. Stock is not included and can vary from $250,000 to $500,000 depending on projects.
Property Code: 3670
