* Included in Asking Price
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This Heating, Ventilation, and Air Conditioning (HVAC) business has been serving commercial clients in the GTA for over 25 years. The majority of clients are property management companies, and this business has long-term maintenance contracts servicing high rise & multi-storey buildings. Revenue is also generated through HVAC sales, as well as parts and supplies.
The company prides itself on its ability to retain clients, by delivering cost-effective and timely services. The business experienced revenue growth of 46% in the last year, highlighting the recent successes of the company. According to IBISWorld, the HVAC contracting industry has seen annualized growth of 2.4% in the last five years, and is likely to benefit from the resurgence of the commercial construction industry.
As operations currently take place in a home office, it would be easy to integrate this business into an existing building services company in the GTA, who wish to offer commercial HVAC services. Fully equipped vehicles are included with the sale, which ensures that the business is ready for operation immediately under its new management. The opportunity is for a share sale only.
Asking Price: $175,000
Revenue (2018): $240,500
Normalized Seller’s Earnings (2018): $106,500
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