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HVAC Equipment Business Seeking Loan in San Fernando, Trinidad

Air conditioner business poised for growth, servicing 100+ clients with competitive pricing and quality.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 22 thousand
Run Rate Sales USD 22 thousand
EBITDA Margin 40 %
Industries HVAC Equipment
Locations  San Fernando
Local Time 4:20 AM America / Port of Spain
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 52 thousand for 5.5% annual interest, 10 years (Native Currency: TTD 350,000)
Reason: To expand the business and provide a service of great quality at a reasonable price. Funds will be u... View More
Collateral Available: USD 37 thousand
Includes physical assets worth USD 2.95 thousand
Interested to connect with advisors
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Business Overview
Company providing unit installation, repairs, service and sales of various air conditioning products at reasonable prices.
The sales and service aspect of our business has over two hundred clients with great business relationships being developed with new clients.
Source the products from 3 main wholesale vendors.
Supply our products and services to AC technicians, retailers, as well as residential clients.
The promoter is experienced in the air conditioning industry, and over the past years was involved in contractual work with T&TEC, TSTT, Repsol, National Petroleum (N. P), Unipet, Petrotrin, Power Gen, The National Gas Company of Trinidad and Tobago (N. G. C) just to name a few.
Products & Services Overview
Our top selling products are various air conditioner refrigerants and we service, repair, and install air condition units. Air condition technicians throughout Trinidad and Tobago use our products and use refrigerants to repair air condition units.
Assets Overview
Inventory and equipment such as pumps, pressure washers, gauges, testers.
Facilities Overview
We have a 40x20 sqm personally owned storage area to store various products such as refrigerant, extending bolts, trunking nails, air condition units and many other products associated with the air conditioning field. The business is located 10 km south of the town of San Fernando, Trinidad & Tobago.
Capitalization Overview
The promoter is the sole owner and personally funded the business from the get-go until deciding to expand. The promoter has got into debt as past investors didn't keep their end of the agreement.
Recent Activity
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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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