Seller's Contact Information
- RE: Profitable Canadian Plumbing Co. & HVAC For Sale
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
Asking Price: | $3,500,000 | |
Annual Revenue: | $2,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $800,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 1,300,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 12 | |
BBN Listing #: | 504127574 | |
Broker Reference #: | 1076 PLUMBING |
Business Overview:
All dollar figures quoted above are in CAD. For buyers in USA used to denominations in USD, purchase price and net income figures would be ~ 74% less....based on early 2023 conversion %'s.
When you need both residential or commercial plumbing & HVAC services in the Greater Toronto Area, there is no other company to go to than this one. The company is known for its high-quality workmanship and outstanding customer service. They rely on repeat business, with over half their annual revenue attributed to existing clients who refer them due the excellent record in providing quality products/services that meet or exceed expectations of customers--a fact which has led this small business grow exponentially over time! The team's success can be attributed largely because they're highly skilled at what they do: delivering growth year after year.
The Company has a simple philosophy: 'We fix it right or it’s free.' This means that if the customer isn't happy with their service, they won’t be charged for anything. Their success has been attributed to specializing on providing expert advice with technologically advanced systems as well hiring highly skilled professionals who can provide customer service excellence from start-to finish - something every client deserves.
The Company is committed to being a paperless organization and has invested in strategic IT initiatives that will help them streamline their business processes, save costs from increased efficiencies of doing work with less downtime. Huge opportunities exist for the Buyer to invest further in search engine optimization (SEO) and search engine marketing (SEM) to expand the client base.
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Property Features and Assets:
1,500 square feet commercial space for office operations and storage space near the place of operations.
Market Competition and Expansion:
Competition: There exists many competitors in the world of plumbing; however, there is only one company in the Barrie / Greater Toronto Area that offers a wide range of high profit margin services with an average annual growth rate of 22%. The Company has continues to maintain its lead against the competition by providing excellent service and value. It also maintains a competitive edge by deploying software tools in order for them streamline business processes, maintaining great online reviews, and continuing to market and brand the business and its services in a consistent and coherent manner. Growth & Expansion: The Company is well-positioned to continue to grow its core business and expand its customer base. There are several areas of opportunity where the Buyer can tap into in order to increase revenue, including HVAC, Natural Gas, Water Purification, Septic, and Wells. The Company has started to lay the groundwork to expand in these areas; thus, the Buyer would be equipped and ready to take the expansion to the next level.
Reason for Selling:
The Seller states that he has other aspirations.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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