The company is a leader in the plumbing and HVAC space across multiple segments (residential, commercial, industrial, and municipal).
The team currently stands at 15 employees, with 3,200 sq. ft. of office/workspace + 13,000 sq. ft. of yard space.
- Asking Price:
- $1,097,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,097,897 (CAD)
- Cash Flow:
- $350,000 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Triple Net, expiration 1 January 2024 with a 5-year renewal option.
- Lease Rent:
- $72,000 (CAD) per sq ft per annum
- Location:
-
The company is located on the primary commercial/industrial strip in a vibrant, growing community in Interior BC.
- Premises Details:
-
Industrial premises consisting of 3,200 sq. ft of office/workspace and an additional 13,000 sq. ft yard space.
Photos are available in the Confidential Information Memorandum.
Business Operation
- Expansion Potential:
-
There is ample room for expansion on the current premises.
- Competition / Market:
-
The company is the leader in the plumbing and HVAC industry in its community and surrounding areas.
- Reasons for selling:
-
After 12 years, the owner would like to move onto new ventures.
- Trading hours:
-
Saturday: Closed
Sunday: Closed
Monday: 8 a.m.–4:30 p.m.
Tuesday: 8 a.m.–4:30 p.m.
Wednesday: 8 a.m.–4:30 p.m.
Thursday: 8 a.m.–4:30 p.m.
Friday: 8 a.m.–4:30 p.m.
- Employees:
- 19
- Years established:
- 2011
Other Information
- Support & training:
-
Current ownership is willing to include one (1) month of training with the sale and is available for an additional two (2) months for consulting at a rate of $150/hr.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Ownership will consider a 10% vendor takeback (VTB) as a financing solution.
- Furniture / Fixtures value:
- $336,500 (CAD) - included in the asking price
- Inventory / Stock value:
- $150,000 (CAD) - included in the asking price
