UNAVAILABLE

HVAC and Plumbing Business For Sale

- This profitable B2B business has been established for nearly 20 years

- Offers complete set of mechanical services including heating, cooling, plumbing, in-house sheet metal fabrication

- Business mainly serves new residential construction projects and has ongoing relationships with many clients

- Business earned a normalized EBITDA of over $1M in YE 2020

- Average revenue over last 3-year period has been in excess of $7M per year

- Over $8M of work in progress on hand

- Revenue is comprised of approximately 70% HVAC and 30% Plumbing work

- Business is on the preferred vendor list of many home builders in Ontario

- Non-unionized staff of over 50 employees including plumbers, refrigeration technicians, gas fitters, sheet metal workers, HR, buyer, warehouse coordinators and senior management

- Senior management is in place and has indicated interest in staying on board upon the sale of business

- Great fit for strategic or financial buyer as business operates with minimal involvement of the owner