Business Profile
Profitable & Well-established HVAC Mechanical Contracting Business in GTA for over 10 years. Business offers a complete set of mechanical services for commercial and institutional properties in the private & public sector and comes with various ongoing revenue streams including HVAC services, troubleshooting/preventative maintenance & repair work. The Business also offer specialized services like thermal imaging.
Strong Reputation & Revenue Profile
The business is a pre-approved vendor for numerous school boards, municipalities, and other public sector organizations, a status earned through its long-standing reputation for reliability and quality. Over the past decade, the company has built a strong track record for delivering high-quality service, meticulous project coordination, and in-house engineering expertise across a comprehensive range of HVAC and mechanical contracting services.
Approximately 70% of revenue is generated through recurring maintenance contracts, with the remaining 30% derived from construction projects, most of which originate from the company’s established maintenance client base.
Solid Financial Performance
Over the past two years, the business has averaged annual revenues of approximately $3.1 million, with revenue for the most r ecent fiscal year (YE 2025) reaching approximately $3.3 million. The company has a solid multi-year track record of profitability, with average discretionary earnings of approximately $667,000 over last 2 financial years, and discretionary earnings of approximately $677,000 in YE 2025 alone. SDE as a % of revenue has averaged approximately 21% over last 3 years.
Valuable Assets & Working Capital Included:
The purchase price includes approximately $80K in assets, consisting of equipment and machinery essential to the business’s daily operations. Working Capital of $220K is also included in the transaction.
Negotiable Deal Structure:
The sellers are open to structuring a deal that includes a maximum vendor take-back (VTB) of 10% of purchase price for a qualified buyer, under mutually agreeable terms.
Skilled Workforce and Streamlined Operations:
Business has a non-unionized staff of HVAC technicians and office employees of approximately 11 people (excluding 2 owners)
Transition Support:
Majority owner’s key role is Financials, quoting, scheduling, and business development and is currently working less than 20-25 hours per week .
Minority owner is the Director of Operations and is responsible for general management and overall operations. Owner(s) have different interest moving forward. Owner(s) are willing to assist with the transition of the business for a negotiable period
Potential for Significant Growth:
Huge opportunity to increase revenues by bidding on additional projects and hiring more staff, as well as increasing marketing efforts and updating online presence
