Industry Overview
Established residential HVAC business operating in an affluent Ontario market, supported by replacement demand, electrification, heat-pump adoption and recurring servicing requirements.
Business Description
Full-service HVAC contractor providing design, installation, servicing and maintenance for residential homes and premium cottages. Capabilities include furnaces, boilers, geothermal systems, air conditioning, ventilation, fireplaces and hot-water systems.
Financial Summary
- CAD 1.53MFY2024 revenue:
- FY2024 gross profit: CAD 1.07M
- Gross margin: 70.0%
- Adjusted EBITDA: approximately CAD 481K
- Adjusted EBITDA margin: 31.4%
- FY2023–FY2024 average adjusted EBITDA: approximately CAD 550K
- No interest-bearing debt
- Approximately CAD 250K of inventory and tools, plus six owned service vehicles
Investment Rationale
- 17-year operating history and established customer base
- Experienced, licensed operational team
- Debt-free, asset-backed platform
- Recurring maintenance opportunity
- Capacity-led growth potential through additional installers
- Exposure to growing heat-pump and geothermal demand
Customer Overview
Residential homeowners and premium cottage owners across the regional market.
Transaction Information
100% business sale with a proposed 6–12 month owner transition.
To register interest you will need to complete our Buyer Verification Process.
