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Asking Price$800,000
Revenue$1,200,000 Established2012
Cash Flow$400,000 EmployeesUndisclosed
FF&E$80* FranchiseNo
Inventory$30* RelocatableYes
Real Estate$0* Home-basedYes
* Included in Asking Price
This company is low overhead well run with a stable client base for which 80% of the customers are locked into 3 to 5 year contracts. Condo and office towers of which many use Go Thermal for heating and cooling.
A business with over $ 300K annually in EBITDA normalized and an owner willing to stay in a sales and advisory capacity.
Price Expectation is $ 900K. VTB Loan for the right buyer.
Facilities:home office
Competition:limited in the geo thermal space; locked in 3 to 5 year contracts for 80% of clients. does not need to chase new business. 75% of revenue tied to contract clients
Growth Potential:Toronto area growth is significant in office commercial and condo towers. many are moving to Geo Thermal as a less expensive heating cooling solution. Core One is a known specialist in this area and well established with property managers in GTA.
Training/Support:owner will stay to transition and ongoing in a sales capacity if desired
Seller Financing:20% VTB
Sale Reason:Owner health re activity levels
Ad #114499
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john clausen
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