The subject of the sale is a 100% share in the company, focused mainly on the wholesale of air conditioners, their assembly and production, and the sale of electronic accessories for air conditioners. The company has been operating in the air conditioning market for 30+ years, during which time it has built a very good name in its field. Geographically, the company serves markets in the Czech Republic, Romania, Austria, Slovakia and Germany.
The company provides a complete process for its customers, from consulting with the selection of a suitable air conditioner, through project processing and installation to subsequent service of the equipment. The company has hundreds of good references and satisfied customers. Currently, more than 70% of sales come from the company’s wholesale business, air conditioning assembly and electronics production make up 30% of sales.
The biggest added value of the company is the representation of a large foreign brand of commercial air conditioners for the Czech Republic and SK. Only a few companies have representation in these countries, this supplier no longer issues more authorizations for representation. The company has been working closely with this supplier for a long time and has very good relations. The price of this representation is quite difficult to quantify, but according to the owner’s estimate, it will be in the tens of thousands of CZK.
The company has absolute exclusivity in the Czech Republic for most types of air conditioners. In the next year, it is assumed that complete exclusivity will apply to the Czech Republic and Romania.
A lot of value within a company lies in the value of stock. Currently, it is necessary to keep a high level of inventory, as a lower level would lead to longer waiting times and dissatisfied customers. Therefore, the company keeps 25 – 35 million CZK in stock physically in the Czech Republic as a standard, which enables us to respond quickly to customer demands. Without a higher stock level, it is impossible to deliver quality service to customers.
The company currently employs 16 experienced employees – managers, administrative staff and technicians. The company is based in rented premises – offices and warehouses.
The reason for the sale of the company is the older age of the owner. The owner offers to remain employed by the company even after the sale, for an agreed period of time (max. 1 year), so that there is a correct and gradual handover of the company and the transfer of company processes to the new owner.
Warehouse + offices
Total indebtedness as of June 30, 2022: CZK 13.6 million
Total annual sales
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