Seller's Contact Information

  • RE:  HVAC Residential & Commercial Asset Sale
  • Contact:  Robert Mitchell

Quick Facts

Asking Price: $485,000
Annual Revenue: $1,350,000
Net Profit: Not Disclosed
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: $79,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 2
BBN Listing #: 91618349
Broker Reference #: P004

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Business Overview:

This residential and commercial HVAC heating and cooling business has a strong reputation having served the communities of Grey-Bruce Ontario for over 20 years. Currently an owner-operator business with one full-time technician and spouse managing the office and bookkeeping on a part-time basis.

This a great opportunity for a licensed HVAC technician seeking to become an Owner Operator, an existing HVAC Business looking to expand and add another location, or new immigrants with trade experience seeking to live and work in Canada. Trade Certification's not required for ownership but would be preferred.

The owner started as a partner in this business over 30 years ago and in 2002 he and his wife became the sole owners. They moved to the current location, re-branded the company, and built a 2500-square-foot office and warehouse on a beautiful country property. A new lease can be signed with the sellers or the business could be relocated or tucked into an existing HVAC, Plumbing or Electrical business.

The owner is willing to work as a technician with the new owner for a pre-negotiated period of time to successfully transition the business. This investment could be paid off in as little as two (2) years with the company recording record revenue with year-to-date and pre-booked sales exceeding $1,3 million.

In addition the new owner will benefit from:
$44,000 in asset value consisting of manufacturing equipment & small tools
2 commercial vans (2012) & tandem trailer valued at $22,000
$80,000 in work-in-progress and project-ready inventory
$51,000 in untracked material inventory (sheet metal, fittings etc) & office equipment
2,500 square feet freestanding building and large yard leased from the current owners
Option to live and work on the property with the mezzanine renovated to create a living suite.
Opportunity to grow the business with existing clients by adding additional technicians

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Reason for Selling:

Retiring

Additional Details:

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

Documents:

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