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Listed by:

N3 Business Advisors Inc

Turnkey HVAC Business For Sale In Hamilton Region

Hamilton, Ontario, Canada
Asking Price:
$1,700,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$2,300,000 (CAD)
Cash Flow:
$600,000 (CAD)

❖ Established Platform with Strong Customer Base: A well-established HVAC business serving the Southern GTA for over 50 years with strong local brand recognition and a broad service offering across heating, cooling, hot water, and ventilation systems.

❖ Diversified Customer Base: Large installed base of ~20,000 customers with no reliance on any single client, supporting consistent service demand and providing a strong foundation to expand maintenance plans and recurring revenue.

❖ Skilled Workforce & Streamlined Operations:

❖ The business is supported by a team of more than 10 full time employees, including licensed technicians, with an experienced Operations Manager with minority ownership, providing alignment and long-term incentive to remain with the business post-transaction.
❖ Established supplier relationships and structured workflows support efficient day-to-day operations, with ownership focused primarily on oversight.

❖ Revenue Profile: Installation-driven revenue mix (~70–80%), supported by service and maintenance (~20–30%), which helps maintain ongoing customer touchpoints and repeat service activity.

❖ Operational Focus Under Current Ownership: Since acquisition, ownership has focused on improving supplier relationships, pricing discipline, and cost structure, with initiatives implemented to enhance operational efficiency.

❖ Smooth Transition & Operational Continuity:

❖ The existing ownership group is open to supporting a structured transition period.
❖ Day-to-day operations are supported by an experienced Operations Manager (minority shareholder) and dedicated team, providing continuity and reducing reliance on the current owner.

❖ Strong Market Positioning: Competitive positioning supported by broad product offerings, 24-hour service model, longstanding regional presence, and strong customer reviews.

❖ Valuable Asset Base & Infrastructure: Includes approximately ~$575K in vehicles, inventory, fixtures, and equipment, and operates from a well-located facility supporting day-to-day operations.

❖ Growth Opportunities:

❖ Expand recurring maintenance plans and service agreements to enhance revenue predictability
❖ Grow light commercial service and installation capabilities
❖ Improve technician utilization and service mix
❖ Pursue acquisition of a complementary plumbing business to enable cross-selling

Property Information

Real Estate:

Lease

Location:

Greater Hamilton Area

Other Information

Furniture / Fixtures value:
$575,000 (CAD) - included in the asking price