The business has two core streams: refrigeration and heating and cooling, with a mix of commercial and consumer-direct clients, and in most recent times, has added cool-room hire to the business mix.
For more than 40 years, Jindabyne Refrigeration has been the market leader in the Snowy Mountains region.
The owner has run the business for the best of a decade and wants to sell out but potentially stay working on the tools for a fair salary.
The businesses have consistently and continually grown over the past decade and have been the exclusive industry supplier to the lucrative Snowy Hydro 2.0.
The turnover and profits are considerable:
In 2022 the turnover was a touch under $2.5 million
In 2022 the gross profit was 48% + or $1.281 million
The owner's profit was $300k
The business has an estimated opening base (leased premises) and a fully trained workforce of approx. 11
Another income stream offered up with the sale is the low-effort cool-room hire. Five freezer-cool rooms are offered with the sale, and four vehicles compromising about $250,000 in assets are provided with the sale.
There is a continuous flow of high-profit work (48% GP) and a stable and trained workforce offered by the business.
The businesses currently are Platinum Mitsubishi Heavy Industries Air-conditioning Dealer with over $500k in sales 2021.
Option A
Secure the business without the mobile cool room assets for $380,000
Option B
Secure the business with the mobile room assets for $460,000
Capital Commercial Business Sales has partnered with the local ANZ small business lenders to provide potential debt funding for an approved purchaser. This funding is approx. 50% debt secured against the purchase.
This is the perfect opportunity to expand your business operations and retain a key person.
Buyers looking for a lifestyle change are encouraged to enquire with the current owner, prepared to train to provide a more extended ownership transition.
Expressions of interest are sought, and interested parties should provide their names, contact email and phone numbers by emailing sales at capitalcommercial.com.au.
