Jan 31, 2019 — The HVAC & Mechanical Contractor is located in British Columbia, Canada. The Company provides heating, ventilation, air conditioning, plumbing and refrigeration products and services. The Company serves multi-residential, commercial, industrial, government and institutional sectors in the region.
The Company has over 50 employees. The business has a diverse range of experienced and long-term employees who are motivated and wish to continue to be part of the team. The business has a modern fleet of support vans and also owns the property that it occupies, which is also for sale.
The reason for the business sale is to monetize the years of hard work. Shareholders are willing to remain in the business after the sale for a negotiated period of time to ensure a smooth transition. The business is experiencing growth and due to WIP and confirmed orders, expects to achieve significant improvement in overall revenue and profitability in the near future.
Estimated 2019 EBITDA is in excess of $2 Million and growing in the future.
*figures in CAD$