A well-established and successful Heating & Air Conditioning (HVAC) business, with 30 years of history located in Halton, is currently available for acquisition. The current owners purchased the business 3 years ago from the founder and have continued to manage sales activities but have had their attention diverted to different businesses that are expanding rapidly.
The HVAC company has a broad range of service offerings with approx. 30% Commercial work, 30% of business from high-end homes, residential retrofits & heat pump installations, 25% in commercial installations & 15% service/maintenance contracts.
They are well staffed with 16 employees, which includes 3 licensed HVAC & Commercial refrigeration service technicians, 2 licensed sheet metal works and 7 licensed gas fitter installers (most technicians are multi-certificate holders) + helpers and office/administration staff.
The new owners have updated business operations significantly with numerous one-time expenses incurred to upgrade software, health & safety training, staffing & premises. The company is now strategically positioned to excel with the right owner that can introduce the necessary project management protocols & oversight to improve efficiency and bottom line.
The company is primed and ready to excel in the HVAC space in Halton and surrounding areas & benefit from its stellar reputation of quality and comprehensive service over 30 years of history.
A strategic buyer would be best positioned to capitalize on this significant opportunity.
Result Highlights (in ‘000’s)
| (‘000) | Shutdowns | New Owners | In-House | ||||
| YE May 31 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
| Sales | $2,522 | $1,960 | $2,033 | $2,056 | $3,158 | $3,244 | |
| Gross Profit | $730 | $662 | $766 | $988 | $1,038 | $1,033 | |
| GM% | 29% | 34% | 38% | 39% | 33% | 32% | |
| Normalized EBITDA | $349 | $238 | $442 | $389 | $287 | $293 |
For more information please contact:
Transition Architects
#905-536-0100