Commercial Refrigeration Contractor with Over $500K Cash Flow
Location not specified | Listing ID: 58449 | Building and Construction
Business Asking Price:
$1,250,000
Revenue:
$1,590,901
Down Payment:
$154,800
SDE:
$513,535
Industry:
Building and Construction, Service Businesses
Listing ID:
58449
Year Established:
1952
Employees:
3 Contractors
Business Description
This long-established commercial refrigeration contractor serves a wide range of industrial and commercial customers throughout the Twin Cities Metro. The business specializes in cold storage design, equipment sales, installation, and ongoing service and repair, creating a balanced revenue mix of both large warehouse projects and smaller walk-in cooler and freezer installations, supported by recurring service income.
Customers include food distribution and warehousing, beverage distribution, food manufacturing, breweries, restaurants, medical manufacturers, institutional food service, and food banks. Many clients operate aging refrigeration systems, driving ongoing demand for service, replacement, and upgrades. The company has built decades-long customer relationships and enjoys a strong regional reputation.
Operations are owner-managed, and the business regularly turns away work due to limited manpower. A new owner could immediately grow revenue by adding technicians, expanding service contracts, and increasing marketing efforts.
Interested buyers should have $154,800 in available capital for the down payment.
Listing ID: 58449
Detailed Information
Listing Agent(s):
Lisa Meyer, Peggy Demuse
Industries:
Building and Construction, Service Businesses
Business Asking Price:
$1,250,000
FF&E Value:
On Request
Reason for Selling:
Retirement
Seller Financing Available:
Yes
SBA Financing Available:
Yes
Inventory Value:
$5,000(Included in Asking Price)
Year Established:
1952
Franchise:
No
Employees:
3 Contractors(Number of Independent Contractors: Several )
Relocatable:
No
Home-Based:
No
Absentee Owner:
No
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