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 Buy a Canadian company Listing # 44509003
 
 Business  For  Sale 
 Buy a Canadian company

Service Based HVAC Business for Sale - Retirement

$1,990,000.00 (Cdn)

Service Based HVAC Business for Sale - Retirement
 
Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
 
Business Categories:
Construction & Renovations
Contracting Trades
 

  BUSINESS  FEATURES  

*Profitable & Well-established HVAC Mechanical Contracting Business in GTA for over 10 years

*Business offers a complete set of mechanical services for commercial and institutional properties in the private & public sector and comes with various ongoing revenue streams including

*HVAC services, troubleshooting/preventative maintenance & repair work. The Business also offers specialized services like thermal imaging

*Existing Minority Owner, and Director of Operations, may consider remaining in his position as an employee to support the new ownership

*The company has established a strong track record, known for its unparalleled service quality, meticulous coordination.


FINANCIAL INFORMATION

*Approximately 40% of the revenue comes from Maintenance work, and 60% from construction. Most of the construction work is yielded from maintenance work clients

*Business has generated average revenues of approximately $3M over the last 6 years with Revenue for the recent year just ended being approximately $3M

*Company has a multi-year track record of profitability with average discretionary earnings over past four years (YE 2020 to 2023) being approximately $430K, and discretionary earnings


MARKET & COMPETITION

*Business has a non-unionized staff of HVAC technicians and office employees of approximately 11 people (excluding 2 owners)

*One of the owner’s key role is Financials, quoting, scheduling, and business development. The second owner is the Director of Operations, and is responsible for general management and overall operations

*Owner(s) have different interest moving forward with one owner looking to retire, and another looking to pursue other interests or may consider staying within the organization


 INCLUDED, EXCLUDED & OPTIONAL 

 

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