• Well-managed and profitable HVAC & Mechanical services business with a strong operating history spanning over 100 years.
• Primarily serves the residential market, with diversified revenue streams from new installations, service contracts, parts sales, and repairs.
• Recognized as a trusted, go-to service provider for Heating, Air Conditioning, Indoor Air Quality products, Duct Cleaning, and Fireplace services.
• Demonstrates a consistent multi-year track record of profitability, with average annual revenues exceeding $1.2M and average discretionary earnings of approximately $385K over the past four fiscal years.
• Benefits from long-standing relationships with reputable suppliers, developed and maintained over many years.
• Loyal and well-serviced customer base with more than 15,000 contacts, driving strong repeat and referral business.
• Diversified client base with no single customer accounting for a significant portion of annual revenues.
• Strong online presence, supported by positive reviews and ratings on third-party platforms such as HomeStars and Google.
• Asking price includes tangible assets and miscellaneous inventory valued at approximately $141K.
• Operates with a lean, non-unionized team of 4 employees (3 full-time, 1 part-time), including the owner.
• Owner plays a key role in overseeing operations, sales, service delivery, estimating, project management, and staff supervision.
• Operates from an easily accessible, leased facility in a high-traffic commercial location.
• Significant growth potential through the addition of personnel (sales, service, estimating, and project management) and the implementation of more proactive marketing initiatives.
• Ownership has been in place for over 25 years; sellers are now planning retirement and are offering the business for sale.
• Sellers are willing to remain involved for a negotiable transition period to support continuity and knowledge transfer.