Mechanical Contracting Business For Sale in Thunder Bay

  • Profitable B2B Full-Service Plumbing and Mechanical Contracting Business established for more than 30 years
  • Company has a multi-year track record of profitability; discretionary earnings for period ending Feb 2021 was over 1.25M; average owner(s) discretionary earnings over past four years has been above $1.15M
  • Year ending Feb 2021 revenue of $8.02M. Business is on track of doing over $8.5M in revenue in the current fiscal year. Almost 80% revenue is generated via new and retrofit work
  • Business offers a complete set of plumbing and mechanical services for the commercial and residential properties
  • Business is on the preferred vendor list for many school boards, universities, municipalities and hospitals
  • Unionized staff of plumbers and gas fitters 20 employees and staff of 3 employees in the office
  • It also has it’s own sheet metal shop for sale as well
  • Business has over 14 service vans on the road and has contracts in place with major institutions
  • Business is owned by two owners. Their key role is to oversee operations, estimating and staff. Both owner(s) are looking to retire and are willing to stay with the business for up to 2-year period