For sale: Specialist in Cooling: Air Conditioning - Heat Pumps - Cooling Installations - Freezer Rooms - Wine Storage - Limburg (OKT)

ACTIVITY

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

STRENGTHS

• Strong reputation and experienced team
• The employees have been with the company for a long time and have the necessary technical and administrative skills.

Infrastructure and equipment

• The head office and warehouse are located in Kortessem (Limburg), in a building rented from the shareholders. + an additional rented warehouse nearby 
• The rolling stock is well maintained.
• The machinery and other capital 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 brand awareness in the region.
• Its main competitors are Cooltech, ABN Koeling, and AB Coolservice.

Future and potential for transfer

• The company is healthy and operationally ready for transfer.
• Given the important role of the current manager in day-to-day operations, preference will be given to a buyer with technical affinity and a willingness to actively participate in the business. 
• A transition period with guidance from the current manager-owner is negotiable.

Financial performance

• Annual turnover €1,350,000
• Normalized EBITDA over the past three financial 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 assumed.
   

Summary

• Sector: Refrigeration technology, HVAC, heat pumps
• Location: Limburg
• Turnover: €1,350,000
• Normalized EBITDA: ± €170,000
• Staff: 3 permanent technicians + temporary staff
• Customer base: 50% private individuals – 50% B2B
• Reason for sale: Preparation for succession and future transfer
• Purchase price: on request, depending on assets and return.

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. What strengths can you bring to add value?