Established in 1980 this business has been servicing Toowoomba and the surrounding districts for 42 years, with the current ownership being in place since 1993!
Repairs and servicing of vehicle air conditioners is the main source of revenue with additional income derived from the sale of air conditioning parts for vehicles and machinery.
With an adjusted net profit for 2021 of $155,940 to a working owner and showing $132,139 adjusted net profit for July 2021 to March 2022 this business provides a solid return with a very reasonable asking price.
Plenty of scope for expansion, it would suit an existing mechanical business looking to diversify or an auto electrician with air conditioning knowledge.
The current owners are happy to provide a training period and customer introductions to ensure a smooth transition for the incoming buyer, making the process a breeze!
Note: The business is licenced with the Australian Refrigeration Council Ltd to purchase R134a gas and each technician needs to be licenced to handle and work with R134a gas.
For further information please complete an online confidentiality agreement at linkbusiness.com.au/BR01314
Business Broker: Justin Reisinger
Mobile: +61 422 846 310
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.