Looking for a buyer.
This residential and commercial HVAC, Plumbing, and Electrical business has served the communities in Grey-Bruce county Ontario for over 30 years. The business has generated revenue of $2 million dollars per year for the last 5 consecutive years. Long-term customer relationships with commercial and new home builders supported by a network of local suppliers and long-term employees have provided a $200,000 salary for this husband & wife team plus discretionary income and average retained earnings of $190,000 yearly. The business could be rolled-up successfully into an existing commercial HVAC installation & services business or acquired by an independent operator. Trade Certification's not required for ownership with licensed tradesmen and apprentices in the following fields, HVAC, Electrical, Plumbing, Sheet Metal, Refrigeration, Propane, and Natural Gas. Owner dependency to run the daily operation is low with 3 long-term managers responsible for daily scheduling and project management to execute the 3 core services with 6 additional employees. The current owner will stay on board for up to 12 months to ensure a successful transition. - $340,000 in asset value including 6 commercial vans###-###-#### ) & trailers valued at $210,000 - No Debt, $130,000 in prepaid inventory, shop tools, and equipment - One-stop, highly efficient, and profitable HVAC business with complementary trades strategy - Commercial contract with The Beer Store and other restaurant brands (Wendy's, MacDonald's) - Opportunity to expand the service & maintenance contract side of the business. - Branding and Marketing opportunities to increase revenue (x3) in one or more services.

listing type
exclusive representation
industry
Business Services
location
Bruce County, Ontario, Canada
revenue
$2,100,000
ebitda
$360,000
proposed price
$1,250,000
equipment
$290,000
collateral
Accounts Receivable
Cashflow
Equipment
Inventory
Deposits and Cash
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