- Well Established HVAC business in the Hamilton/Niagara Region for over 40+ years
- Business primarily services the residential sector, with major sources of revenue coming from Service work & HVAC installations
- Business has earned many five-star reviews and ratings on third-party websites like Google, etc.
- Company has demonstrated a multi-year track record of consistent profitability with average revenue of approximately $2.3M during the last 4 financial years, with average revenues in the last year being approximately $2.6M and discretionary earnings in the last year being approximately $373K
- Business revenues decreased during COVID, however, total revenues are close to pre-COVID levels
- Business has developed a loyal client base of approximately 18,500 customers. Business benefits from a large repeat clientele and business relationships developed over many years
- Business has a diversified client base with no single client leading to majority of business revenue every year
- Business price includes assets of approximately $300K
- Business has a non-unionized staff of 8 employees inclusive of Operations Manager, Sales/Tech support, Service Technicians/installers
- Business owner(s) key role is to oversee operations, estimating, manage staff
- Business operates from a facility owned by the Seller
- Most of current revenues are generated through community-centric marketing, coupled with exceptional service quality, which leads to repeat and referral business
- Huge opportunity to take the business to next level by implementing active marketing strategies, including marketing to existing customers
- Owners are of retirement age, hence looking to sell the business, but are willing to stay on board for a negotiable period to assist with the transition of the business
- Email Us : [email protected]
