*Highly Profitable, long-established and well managed HVAC & Mechanical business in York Region (pandemic proof).
*Business services the residential sector, with revenues earned primarily from new installations, service contracts, parts sales and repairs.
*Business has built an excellent reputation for its exceptional service and has become the go-to solution provider for Heating, Air Conditioning, Indoor Air Quality Products, Duct Cleaning, and Fireplace Services.
*Company has multi-year track record of profitability with average revenue exceeding $1.2M and average discretionary earnings of approx. $330K during the last 3 financial years.
*Business benefits from excellent long-term relationships with its reputable suppliers developed over many years.
*Business has developed many loyal and well-serviced customers with a client base of more than 15,000 contacts, leading to repeat and referral business.
*Business has a diversified client base with no single client leading to the majority of business revenue every year.
*Business enjoys positive reviews and ratings on third party websites like HomeStars and Google, etc.
*Business price includes assets and miscellaneous inventory of approx. $150K.
*Business has non-unionized staff of 4 employees (3 FT and 1 PT), including the owner.
*Primary business owner key role is to oversee operations, sales, service, estimating. project management and manage staff.
*Business operates from an easily accessible leased facility in a busy commercial location.
*Great opportunity to grow the business further by adding staff (sales, service, estimating & project management) and implementing active marketing plans.
*Sellers have owned the business for more than 2 decades, and are now planning to retire, hence looking to sell the business.
*Sellers are willing to stay on board for a negotiable period to assist with the transition of the business responsibilities.
