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Kauai, Hawaii AC/Refrigeration Servicing/Install

This is the dominant provider of air conditioning/refrigeration servicing on Kauai. It is also priced well at less than 3x Seller's Discretionary earnings. Initial discussions with local bankers indicates the availability of local credit subject to the business being purchased/managed by someone with sufficient background within the industry. For existing businesses there is probably the ability to eliminate $25,000 in operating expenses or more if the buyer already has a building on Kauai. All employees have been with the company for more than two years. The seller does not expect any of the employees to leave upon the sale of the company. While revenues were at record levels in 2008, the company has historically grossed more than $1.4 million a year.