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 |
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
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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:
Relevant Links:
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