Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 44827001
Business For Sale
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Service Based Plumbing & HVAC Business - Absentee Owner - Ref #3571
$1,600,000.00 (Cdn)
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Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
Business Categories:
Construction & Renovations
Contracting Trades
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*Established Leadership and Reputation in Residential & Commercial Sector: Established over 20 years ago, this business is a leading and well-established player in the Plumbing & HVAC sector in Southern Ontario. Serving both residential (80%) and commercial clients (20%), its long-standing reputation highlights its reliability and success in the industry. *Robust Revenue Model: The company has a basket of offerings which includes Plumbing (70%); HVAC & other maintenance services (30%). The company boasts a highly attractive revenue model, with 90% of its plumbing income derived from service-based work. This consistent revenue stream is bolstered by a diverse and expansive customer base.
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*Skilled Workforce and Streamlined Operation: Business is driven by a dedicated, loyal, skilled, and professional team, crucial in optimizing operations and enhancing profitability. The company employs 37 dedicated staff members (including the owner) out of which 23 are unionized technical professionals – licensed plumbers, gas fitters, HVAC journeymen and 14 are non-union administrative professionals led by a General Manager overseeing all operations.
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*Solid Financial Performance: The company has demonstrated steady revenue performance with figures of $7.5M and $7.7M in FY 2020 and FY 2021, respectively. Although there was a decline to $6.3M and $6.4M in FY 2022 and FY 2023, this was offset by significant profitability improvements due to operational efficiencies and cost management with average SDE of $350K in last 2 financial years. *Diversified Customer Base: Business customer base is highly diversified, with over 5,000 unique clients.
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INCLUDED, EXCLUDED & OPTIONAL |
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- INCLUDED in the Price - |
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- Check with Seller -
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