Takeover: Specialist in Refrigeration: Air conditioning - Heat pumps - Refrigeration sinks - Freezer cells - Wine storage - Limburg (OKT)

ACTIVITY

• Specialized installer in commercial and industrial refrigeration & heat pumps
• The company offers total solutions for both individuals and businesses (50/50 split)
• The company is managed by the manager-owner together with his wife. Three permanent refrigeration technicians ensure broad operational availability. In addition, temporary workers are regularly employed,

STRONG POINTS

• Strong reputation and experienced team
• Long-standing employees with technical and administrative skills.

Infrastructure and equipment

• The headquarters with warehouse is located in Kortessem (Limburg), in a rented building owned by the shareholders. + an additional rented warehouse nearby
• The rolling stock is well maintained.
• The machinery and other investment goods are systematically renewed

Competition & market position

• Diversified customer portfolio, without dependence on a few large customers.
• The supplier base is also sufficiently diversified.
• The company positions itself as a quality supplier with good name recognition in the region.
• Main competitors are Cooltech, ABN Refrigeration and AB Coolservice.

Future and potential for transfer

• The business is healthy and operationally ready for transfer.
• Given the important role of the current manager in daily operations, we are preferably looking for a buyer with technical affinity and willingness to actively participate in the business.
• A transition period with guidance by current manager-owner is negotiable.

Financial performance

• Annual turnover € 1,350,000
• Normalized EBITDA over the past three fiscal years fluctuates between € 132,000 and € 220,000.
• After adjustments (such as market-based rent and wages, elimination of certain costs, and capital gains on equipment), a normalized EBITDA of approximately € 170,000 on average is projected.
  

Summary

• Sector: refrigeration, HVAC, heat pumps
• Location: Limburg
• Turnover: 1,350,000
• Normalized EBITDA: ± € 170,000
• Staff: 3 permanent technicians + interim
• Customer base: 50% private individuals - 50% B2B
• Reason for sale: Preparation of succession and future transfer
• Acquisition price: on request, in function of assets and returns.

Interested?

If you are interested, we kindly ask you to briefly answer the following 3 questions when contacting us via the contact form below:
1. What is your profile and background?
2. Why are you interested in acquiring this business?
3. With what assets can you bring added value?