This residential and commercial HVAC, Plumbing and Electrical business has been serving Grey-Bruce counties 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 provides a $200,000 salary for this husband & wife team plus discretionary income and $180,000 in retained earnings 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, 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 (2016-2019) & trailers valued at $210,000
- No Debt, $130,000 in prepaid inventory, shop tools, and equipment
- 3000 sqft leased premises in a commercial area
- 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 service & maintenance contract side of the business.
- Branding and Marketing opportunities to increase revenue (x3) in one or more services.
