Profitable Commercial HVAC Contractor in Passaic County, NJ
Financial Details
- Asking Price:
- $625,000
- Annual Revenue:
- $1,004,722
- Cash Flow / SDE:
- $261,553
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.4x
- Location:
- NJ, US
- Source:
- Date:
- September 18, 2025
Key Highlights
Description
This listing features a profitable Commercial HVAC Contractor based in Passaic County, New Jersey, established in 2013. The business has cultivated a loyal client base, with approximately 99% of its revenue generated from commercial accounts, including a significant and stable 30% from long-term state and municipal clients and universities. While currently a union shop, operations can transition to non-union, with prevailing wage compliance only required for specific projects. The business operates from a well-maintained facility that includes a spacious office area and a large workshop, ample parking, and convenient access to major highways, facilitating efficient service delivery across the region. Financials include an asking price of $625,000, gross revenue of $1,004,722, and a cash flow of $261,553. Furniture, fixtures ($45,000 value) and inventory ($8,000 value) are included in the asking price; the real estate is not included. The HVAC industry is strong, and this business differentiates itself through its commercial focus and established relationships. Growth opportunities include expanding sales, marketing, and online presence, as well as service diversification. The owner is retiring and offers 4 weeks of training, with potential for a transitional sales-focused role. This is a turnkey opportunity for a buyer seeking a well-established, contract-driven business with significant growth potential.
Industry Information
- Industry Description:
- Commercial HVAC Contractor
- Classification:
- Building & Construction
Operational Snapshot
- Year Established:
- 2013
- Employees:
- 3
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Not_included
Assets & Inventory
- FF&E Value:
- $45,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $8,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Evelyn Correa
- Company:
- Murphy Business & Financial Services
- Phone:
- 727-725-7090
Listing Details
- Listing ID:
- 1b7a1e3d-484b-463f-a721-2fda48049804
- Source Listing ID:
- 318447
- Deal Status:
- For Sale
- Last Updated:
- September 18, 2025
- Currency:
- USD