A company focused on the sale of air conditioners with exclusive representation

Investiční teaser

All regions, Czechia

Listing number: 220021

Illustrative photo
Valuation Not set
Net debt
Net debt represents the company's indebtedness. It is expressed as the amount of interest-bearing credit minus cash in the company.
555 000 €
Revenue
Revenue represents the total annual revenues earned by the enterprise by the sale of goods and services during the accounting period.
1 918 000 €
History
History of business operation.
30 years
EBITDA
EBITDA is a financial indicator of the company's operating performance. Annual EBITDA is expressed as profit before deducting interest, taxes and depreciation in the year.
229 000 €
Employees
Number of employees employed in the firm on a permanent basis as of the date of publication of this teaser.
16

Basic information

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.

Tangible assets

  • 3x vehicle
  • 2x forklift
  • 3x passenger car
  • technician equipment
  • equipment of the electronics production department
  • administration equipment
  • The value of tangible assets is a total of about 3 million CZK

Intangible assets

  • Goods and materials in stock worth CZK 27 million
  • Advance paid to suppliers (for goods on the way) in the amount of CZK 7 million
  • Operating cash in the amount of CZK 2 million

Rentals

Warehouse + offices

  • area: approx. 1300 m²
  • rental amount: 70 thousand CZK/monthly

Employees

  • 10 – 20 x

Indebtedness

  • revolving loan of CZK 4.0 million
  • evolving loan of CZK 4.0 million
  • installment loan of CZK 2.6 million
  • installment loan of CZK 2.8 million

Total indebtedness as of June 30, 2022: CZK 13.6 million

Total annual sales

  • 2020: 55.000.000,- CZK
  • 2021: 47.000.000,- CZK
  • 01-06/2022: 48.700.000,- CZK (for half year)

Operating EBITDA

  • 2020: 4.100.000,- CZK
  • 2021: 5.600.000,- CZK
  • 01-06/2022: 8.600.000,- CZK (for half year)

Other information

  • History of operation: 30+ years
  • Reason for sale: old age of the owner
  • Legal form: s.r.o.
  • Subject of sale: 100% share in s.r.o.
Get more information

Ing. Tomáš Šuverík

managing director

+420 731 788 155
suverik@inbase.cz

Contact us if you are interested!