Highly profitable, well-established HVAC & Mechanical Business in GTA for over 33 years.
* Business primary activity is acting as a manufacturer representative for various HVAC manufacturers.
* Company enjoys exclusive representation for certain manufacturers.
* Company serves the bid / spec, commercial, institutional and industrial sectors.
* Business has built an excellent reputation as the go-to solution for heating, ventilation and steam products throughout the city.
* Company has a multi-year track record of profitability with average revenue of approx. $2M and discretionary exceeding $200K during the last 4 financial years, with revenues in the year-ended March 2022 being over $2.1M.
* Company conducts business with major mechanical contractors, wholesalers, end-users, other manufacturers representatives; and has developed a loyal client base of numerous Customers/ key accounts.
* Business benefits from 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 has non-unionized staff of 4 employees (3 FT and 1 PT) including owner.
* Business owner key role is to oversee operations, estimating and manage staff.
* Owner spends approx. 25 hours a week in the business.
* Business operates from an easily accessible facility in a commercial location, owned by the Seller.
* Most of current revenues are generated organically through existing client base with some marketing.
* Huge opportunity to take the business to next level by adding staff, introducing complementary products lines and potential services, and implementing active marketing strategies.
* Owner is planning to pursue new ventures, hence looking to sell the business, but willing to stay on board for a 3 months period to assist with the transition of the business.
