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HVAC Equipment Business for Sale in Chennai, India

HVAC solutions provider engaged in sales, installation, service & AMCs for residential & commercial spaces.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 304 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 10 - 20 %
Industries HVAC Equipment
Locations  Chennai
Local Time 5:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 290 thousand (Native Currency: INR 25,000,000)
Reason: Senior partner who started the business is now seeking to retire as there is no successor in the fam... View More
Includes physical assets worth USD 29 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Certificate
Business Overview
1. Established reputation: The company has built a strong reputation over 25 years in the HVAC products industry in Chennai and has a considerable customer base comprising both residential and commercial clients.
2. Diversified revenue streams: The business generates revenue through various streams including sales of air conditioners and appliances, installation services, annual maintenance contracts, and service charges, providing a diverse income base.
3. Strong sales channels: The company utilizes existing customer channels, architect tie-ups, and builder tie-ups for the sales of air conditioners and appliances, ensuring a consistent revenue stream.
4. Significant order pipelines: The business has substantial order pipelines, with potential orders amounting up to INR 1.6 crore per annum, indicating a strong demand for its offerings.
5. Recurring revenue: The company benefits from recurring revenue streams, with annual maintenance contracts generating up to INR 30 lakh per annum and service charges and component sales contributing up to INR 40 lakh per annum.
6. Comprehensive service capabilities: With a full-fledged workshop and experienced service technicians, the company can handle all types of repairs and maintenance of air conditioners and appliances, ensuring comprehensive customer support.
7. Strategic partnerships: The business has established partnerships as an authorized dealer for reputable brands such as Dyson, Bosch, and Siemens.
8. The business operates with a valid GST registration.
Products & Services Overview
Our products and services include:
Residential & commercial air conditioning systems.
Installation services.
After sales service & support.
Annual maintenance contracts.
Assets Overview
Tangible Assets.
- Motorcycles - for technicians - 4 nos.
- Tata Ace - delivery vehicle - 1 no.
- Honda Amaze - 4-wheeler car - 1 no.
- Tools and machinery equipment - for servicing and repairing ACs and appliances.
- Office equipment such as computers and printers.
Intangible assets include:
- Huge customer database of 5000 + across Chennai.
Facilities Overview
- The workshop and office space spans 1,000 square feet.
- Situated in the sought-after Kandanchavadi area along OMR.
- The location is a rented property.
- Conveniently accessible from various parts of Chennai for customer visits.
Capitalization Overview
- The business is self-funded and enjoys high profit margins across various categories.
- There are two partners in the business, a father and a son, each holding an equal share of ownership.
- The outstanding creditor amount is approximately Rs 11 lakhs. The business is currently servicing a loan of approximately Rs 25 lakhs, which was extended to the business by one of the partners.
Recent Activity
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4 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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