Details - Information last confirmed on September 10, 2020
This is an opportunity to acquire a Heating, Ventilation, and Air Conditioning (HVAC) business, that has been serving commercial clients, in the GTA, for over 25 years. The company primarily caters to Property Management Companies and has Multi-year Maintenance Agreements, with most customers. The business services High Rise Buildings, and large Commercial and/ or Residential Complexes. It also generates income though the sale of HVAC Equipment, Parts and Supplies.
The company prides itself on its ability to retain clients, by delivering cost effective solutions, in a timely fashion. The business has built a strong reputation, due to excellent client retention and business referrals. Currently the business operates from a home office, minimizing overhead and lending to a seamless transition, to new ownership. The business has historically demonstrated a gross margin of 75+%. Given the low interest rate environment and stimulus measures, the commercial real estate and construction industry is expected to recover and perform well, over the next five years.
This opportunity is ideal for an individual buyer, with experience in the HVAC industry, who seeks to acquire an established business, with a loyal customer base. This is also a good opportunity for an existing HVAC company or related mechanical services business seeking to increase market place shares. The asking price includes fully outfitted, equipment and stocked vehicles, including HVAC specific tools, meters & equipment.
Asking Price: $138,500
Annual Revenue (Avg. 2019-20): $225,000
Normalized Seller’s Earnings (2020): $90,000
Fixed Assets (included): $35,000
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