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Buy a Canadian company Listing # 44522001
 
 Business  For  Sale  		Buy a Canadian company

Service Based HVAC Business for Sale - Retirement - Ref #67989

$1,990,000.00 (Cdn)

Service Based HVAC Business for Sale - Retirement - Ref #67989
 
Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
 
Business Categories:
Construction & Renovations
Repairs & Maintenance
 

  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 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.


FINANCIAL INFORMATION
*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 of approximately $708K in the YE2023

*Business is on the pre-approved vendor list of many school boards, municipalities and public sector organizations


MARKET & COMPETITION
*Majority owner’s key role is Financials, quoting, scheduling, and business development and is currently working less than 20-25 hours per week . Minority 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 in the capacity of an employee.

 INCLUDED, EXCLUDED & OPTIONAL 
 

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