37-Year-old GTA based profitable and well-established Commercial & Industrial HVAC Services Business
Business primarily is in the service, installation and maintenance of Heating , Ventilation and Air-conditioning solutions for commercial and Industrial clients across GTA
Company has a multi-year track record of profitability with average revenue of approx. $2.1M and Sellers discretionary exceeding $540K during the last 4 financial years, with revenues in the year-ended Nov 2022 being over $2.03M
Business has gained reputation as a reliable partner and draws repeat business from its existing customers. As per seller, approximately 15% of revenue is from annual service contracts.
Business has Unionized staff of 7 FT employees including the two owners
Business has long standing relationships with some of the well known commercial clients and Real Estate Property Managers
Huge potential to grow by enhancing the current sales processes, leveraging customer relationships and bidding for more projects
Seller(s) are looking to retire; however, they are willing to stay for an agreed upon time for a proper transition
