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RE:  Heat Pump Contractor For Sale Contact:  Dan Murphy

Quick Facts

Asking Price: $285,000
Annual Revenue: $1,628,264
Net Profit: Not Disclosed
Cash Flow: $178,916
Total Debt: Not Disclosed
FF&E: $201,823
Real Estate: Not Disclosed
Year Established: 2015
Employees: 5
BBN Listing #: 64064955
Broker Reference #: 9201-17558

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Business Overview:

The business provides installation and service of Heat Pumps, as well as Propane and Natural Gas appliances and installs. The business began in 2015 and has steadily grown, largely by word-of-mouth and some social media, to sales of over $1.6M In 2022.

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Property Features and Assets:

The business operates simply from a truck and trailer, located at the owner's home. The business is easily re-located to anywhere, primarily in Halifax County, NS, where its customers are located. Some space or storage would be required to house inventory. Assets = $111,105

Market Competition and Expansion:

The industry is competitive, competing with other installers, and electricians, but the market is steadily growing as Halifax enjoys a building boom, amidst a growing demand for heating efficiency, supported by Government Grants. The support from Utilities, Efficiency Nova Scotia, and Provincial Government, as well as the rising costs of fuel is expected to support this industry well into the future.

Reason for Selling:

Owner moving on to another trade.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity

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