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. $330K 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 the majority of 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. $150K.
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 have owned the business for more than 2 decades, 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.
