Business Overview
Established Legacy: With over 2 decades in the industry, this business boasts a strong legacy and widespread respect
Primary Operation: Business primarily provides supply and installation of Ventilation + HVAC systems majorly to Commercial clients
Deal Highlights
Inclusive Assets: Purchase price includes Inventory, Equipment and Vehicles valued approximately at $290,000
Flexible Financing: Limited seller financing available for qualified buyer(s)
Financial Snapshot
Robust Revenue: Revenue for 2023 is approximately $4.38 million (2022 -$4.34 million)
Strong Earnings: Following the impact of Covid on the business, the Owners Discretionary Earnings for 2023 stand at approximately $1.09 million (2022 – $1 million)
Impressive Backlog: The business currently has secured contracts with a revenue backlog of approximately $3.88 million
Human Resources
Skilled workforce: Currently employing a large full-time workforce, the business maintains a diverse and skilled team that boasts a wealth of collective experience
Owner Roles: Owner(s) are currently responsible for Estimation, Scheduling, Finance, Project Management and Overseeing Operations
Competitive Strengths
Organic Growth: Thriving on reputation, the business has flourished with minimal marketing, providing ample growth opportunities for the new owner
Outstanding Industry Relations: Business has great long-standing relationships with some of the Engineers and Contractors in the area
Official Dealer: Business is the official dealer for a major brand in the area
Transition & Future
Long term engagement: Owner(s) is willing to commit to a permanent role beyond the transition period