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Listed by:

N3 Business Advisors Inc

HVAC Business In Hamilton Falls For Sale

Niagara Falls, Ontario, Canada
Asking Price:
$725,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$2,600,000 (CAD)
Cash Flow:
$373,000 (CAD)

*Well Established HVAC business in the Hamilton/Niagara Region for over 40+ years

*Business primarily services the residential sector, with major sources of revenue coming from Service work & HVAC installations

*Business has earned many five-star reviews and ratings on third-party websites like Google, etc.

*Company has demonstrated a multi-year track record of consistent profitability with average revenue of approximately $2.3M during the last 4 financial years, with average revenues in the last year being approximately $2.6M and discretionary earnings in the last year being approximately $373K

*Business revenues decreased during COVID, however, total revenues are close to pre-COVID levels

*Business has developed a loyal client base of approximately 18,500 customers. Business benefits from a large repeat clientele and business relationships developed over many years

*Business has a diversified client base with no single client leading to majority of business revenue every year

*Business price includes assets of approximately $300K

*Business has a non-unionized staff of 8 employees inclusive of Operations Manager, Sales/Tech support, Service Technicians/installers

*Business owner(s) key role is to oversee operations, estimating, manage staff

*Business operates from a facility owned by the Seller

*Most of current revenues are generated through community-centric marketing, coupled with exceptional service quality, which leads to repeat and referral business

*Huge opportunity to take the business to next level by implementing active marketing strategies, including marketing to existing customers

*Owners are of retirement age, hence looking to sell the business, but are willing to stay on board for a negotiable period to assist with the transition of the business

Property Information

Real Estate:

Lease

Location:

Ontario - Niagara Falls Area

Business Operation

Reasons for selling:

Retirement

Other Information

Furniture / Fixtures value:
$300,000 (CAD) - included in the asking price