Business & Financial Overview
- Established in 1986 and specializing in service, installation and maintenance of Heating , Ventilation and Air-conditioning solutions for commercial and Industrial clients across GTA
- As per seller, 4 Year Average Revenue and SDE was $2M and $580K respectively; YE Nov 2024 revenues expected to be around $1.8M
Human Resources & Assets
- Team Size : 7 Employees (four full-time Employees, one Office Manager and the two Owners)
- Skilled & Unionized Technicians: All technicians are fully licensed, certified and associated with Local 787
- Equipment: Key assets include 5 vans equipped with shelfing, ladder racks and small tools
Marketing & Growth
- Strong Relationships: Business has long standing relationships with some of the well known commercial clients and Real Estate Property Managers
- Strong Reputation: Business has gained reputation as a reliable partner and draws repeat business from its existing customers
- Predictable revenue: As per seller, approximately 15% of revenue is from annual service contracts
- Growth: A more focused marketing effort and hiring technicians will enhance growth as not many small licensed commercial HVAC service providers serving the market
Seller’s Reason to Sell
- Current owners are looking to retire and are willing to stay for a reasonable period to ensure a seamless transition
