New Opportunity: HVAC Services Company – Commercial & Residential

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)ShutdownsNew Owners 10mth InterimProjected
 YE May 31201920202021202220232024 2024
Gross Profit$730$662$766$988$1,038$786$944
Normalized EBITDA$349$238$442$389$287$382$402

For more information please contact:

Transition Architects