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Twenty Plus Year Mechanical Services Business For Sale

Chatham-Kent, Ontario, Canada
Asking Price:
$350,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$850,000 (CAD)
Cash Flow:
$175,000 (CAD)

This is a well-established 20+ year business that has grown to become one of the leading providers of heating and cooling product and services in the surrounding areas. They specialize in refrigeration repair, replacement and installation, and commercial equipment repair, as well as expert workmanship on commercial and residential heating and A/C systems. They offer service contracts, maintenance services, emergency repair, and new installations, not-to-mention they service all makes and models of just about anything that heats or cools. The business has a full complement of trained technicians with a long track record of a high standard of service. The business currently is a four-man / four-truck service company, with additional trucks and equipment to expand to 5-6 or more technicians today. They serve Chatham-Kent, Sarnia-Lambton and Windsor-Essex.

An acquisition will provide an excellent opportunity for an entrepreneur with experience and knowledge of the repair of heating, refrigeration, and A/C systems a successful business fully staffed that is highly regarded in the industry. The current owner is a motivated seller ready for retirement!

Property Information

Real Estate:

Lease

Location:

This business operates from a small office and shop space that is centrally located. Total space is approximately 2300 sq.ft. which includes approximately 400 sq.ft. of office space and 1900 sq.ft. of warehouse/shop space.

Business Operation

Expansion Potential:

There are expansion possibilities in their service menu. A new owner could grow the business by looking into diversification of service offerings, such as construction and electrical services. Other ancillary services, such as air duct cleaning could be offered as well. Plus, marketing optimization with new forms of marketing such as physical advertising and social media would allow the business access to a larger base of customers.

Competition / Market:

A new owner could capitalize on the long-time and recurring business of the company to help maintain a consistent stream of income in the future. There is local and regional competition.

Reasons for selling:

Retirement

Employees:
4
Years established:
22 Years

Other Information

Support & training:

The owner is willing to stay on for a period of time to help introduce the buyer to key clientele, main suppliers, and the inner workings of the industry.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller financing available to qualified Buyers

Furniture / Fixtures value:
$270,000 (CAD) - included in the asking price
Inventory / Stock value:
$1 (CAD)