Business To Buy

Very Profitable Refrigeration Company

Myrtle Beach, South Carolina
Started in 1947, this Refrigeration and Air Conditioning Company is proud to note that they received the first Refrigeration License granted in Myrtle Beach. The companyís major lines of business are change outs and providing service and repairs for refrigeration and air conditioning units. The company serves both a commercial as well as a residential client base with their commercial clients accounting for nearly 60% of their revenue. They have an excellent reputation for the quality of their work and takes great pride in their client list of nearly 1,300 businesses and residences. Their commercial client base includes churches, restaurants, a distributor, retail shops, campgrounds, grocery stores and florists. In addition to the owner, who works full time in the business, the service and repair staff includes a full time technician and a technicianís helper. The company also utilizes an answering service that provides twenty-four hour coverage for their clients. With over sixty years of operating history, this is a well established business with an excellent reputation and client base. This is an exceptional opportunity to purchase a thriving, respected brand name in air conditioning and refrigeration services in the Myrtle Beach market. This is a turnkey business offering with consistent owner cash flow in excess of $150,000 annually. The selling price includes the companyís equipment (including three vehicles) valued at $40,000 as well as inventory valued at approximately $4,000

Financials

Price: $240,000
Gross Income: $462,887
Cash Flow: $160,195
FFE: $40,000
Inventory: $4,000
Real Estate Value: $0

About the Business

Office Reference ID: #
Year Established: 1947
Financing:
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Competition:
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Business Listed By
Name: Pamela Atherton
Company: GSBB Services LLC
Phone: 843-535-5712

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