Profitable Commercial HVAC Contractor in Passaic County, NJ

This listing presents a highly regarded, profitable commercial HVAC contractor located in Passaic County, New Jersey. Established in 2013, the business boasts a loyal client base, with approximately 99% of its revenue derived from commercial accounts. A significant portion (30%) comes from stable, long-term state and municipal clients, ensuring reliable cash flow. The operation is currently a union shop, but can transition to non-union status, with prevailing wage compliance only required for specific projects. The business operates from a well-maintained facility with office and workshop space, conveniently located with easy highway access. The asking price is $625,000, with gross revenue of $1,004,722 and a cash flow of $261,553. Furniture, fixtures, and inventory are included in the asking price, valued at $45,000 and $8,000 respectively. The real estate is not included. Growth opportunities include expanding sales efforts, enhancing online presence, and diversifying services. The owner is retiring and willing to train for 4 weeks and stay on in a transitional, sales-focused role. This is a turnkey opportunity for a buyer seeking a well-established, contract-driven business with significant growth potential.