Commercial HVAC company in the GTA: Owner Retiring

Business & Financial Overview

  • Established & Respected: Founded in 2009, this HVAC company specializes in installation, repairs, and preventative maintenance of commercial and industrial heating, ventilation, and air conditioning (HVAC) equipment.
  • Niche Focus: Known for its expertise in design & build of HVAC and natural gas application through environmentally responsible practices.
  • Consistent Revenue: 2022 was $1.12M , 2023 was $1.16M and 2024 is projected at $1.38M.
  • Healthy Bottom Line: Impressive Seller’s Discretionary Earnings (SDE) of $565K in 2023.

Human Resources & Assets

  • Skilled Team: Comprising four full-time employees, including key positions such as Lead Technician and Technician.
  • Leadership Ready: In-house talent capable of stepping into managerial roles.
  • Equipment: Key assets include 2 trucks purchased in 2021.

Unique Selling Proposition (USP)

  • Word of Mouth: Thrived through strong client relationships and referrals, indicating growth potential with formal marketing strategies.
  • Accredited & Licensed: Fully compliant with all necessary licenses and safety accreditations.
  • Diverse Clientele: Serving office, manufacturing, and storage unit facilities.

Financing Options

  • Self-Sustaining: Owners currently play an oversight role, requiring minimal time investment.
  • Seller Financing: Potential for seller financing; percentage to be discussed based on buyer’s proposal.

Seller’s Reason to Sell

  • Retirement Ready: Current owners are looking to retire and are willing to stay for a reasonable period to ensure a seamless transition.