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
