Major Regional Heating and Cooling Business - VIC
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Business ID: BS144671
Revenue of Over $3 mil pa with FY2020 Income to Owner above $500k – For Sale $1,100,000 plus stock
This is a long-established heating and cooling business base in a regional town just outside the Melbourne metropolitan growth corridor. The business offers a broad range of heating and cooling solutions from major brands, and grew over the years mainly from word of mouth. It has a team of technicians, and services both domestic and commercial customers.
The location offers a great rural lifestyle within commuting distance to metropolitan Melbourne.
-Prominent modern showroom and warehouse
-Leading supplier with good reputation in the area
-Handling new installation as well as service and maintenance
-Commercial customers include major retirement villages, independent and public schools, industrial plants and builders
-A team of experience employees to handle both domestic and commercial installation projects.
-Recent projects included installation of solutions to 200 unit retirement village and multi-stages school projects
-Skills within the team include mechanical, electrical, refrigeration and wood combustion heaters
Potential growth options include:
-Market to the large catchment of commercial and domestic customers within easy reach from its current location
-Target specific niche such as retirement villages and schools where the business has a strong track record
-Promote more maintenance services and contracts especially with the expectation of a longer term “COVID norm”
Training and transition will be provided as part of handover.
After operating the business for close to 20 years, the current owner is ready to move on. With an established history and portfolio of customers, this business is ideal for an individual or a “bolt-on” for an established heating/cooling/electrical business seeking to secure a quality business that is well positioned for growth at this desirable location.
Price: $1,100,000 plus stock.