- Highly Profitable, long-established and well managed HVAC & Mechanical business in York Region (pandemic proof).
- Business services the residential sector, with revenues earned primarily from new installations, service contracts, parts sales and repairs.
- Business has built an excellent reputation for its exceptional service and has become the go-to solution provider for Heating, Air Conditioning, Indoor Air Quality Products, Duct Cleaning, and Fireplace Services.
- Company has multi-year track record of profitability with average revenue exceeding $1.2M and average discretionary earnings of approx. $391K during the last 3 financial years.
- Business benefits from excellent long-term relationships with its reputable suppliers developed over many years.
- Business has developed many loyal and well-serviced customers with a client base of more than 15,000 contacts, leading to repeat and referral business.
- Business has a diversified client base with no single client leading to most of the business revenue every year.
- Business enjoys positive reviews and ratings on third party websites like HomeStars and Google, etc.
- Business price includes assets and miscellaneous inventory of approx. $185K.
- Business has non-unionized staff of 4 employees (3 FT and 1 PT), including the owner.
- Primary business owner key role is to oversee operations, sales, service, estimating. project management and manage staff.
- Business operates from an easily accessible leased facility in a busy commercial location.
- Great opportunity to grow the business further by adding staff (sales, service, estimating & project management) and implementing active marketing plans.
- Sellers own the business since the past 24 years, and are now planning to retire, hence looking to sell the business.
- Sellers are willing to stay on board for a negotiable period to assist with the transition of the business responsibilities.
- Email Us : [email protected]
