25+ Year Mechanical Services Business

Asking Price$400,000

Cash Flow
$140,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$835,000

Inventory$7,500
Included in asking price
FF&E$120,000
Included in asking price
Real Estate$1,000,000
Not included in asking price
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25+ Year Mechanical Services Business


Asking Price$400,000

Cash Flow
$140,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$835,000

Inventory$7,500
Included in asking price
FF&E$120,000
Included in asking price
Real Estate$1,000,000
Not included in asking price

Seller Financing Available
Business Description
This is a well-established 25+ year business that has grown to become one of the leading providers of heating and cooling services in the Windsor and Essex County areas. They specialize in refrigeration repair, traditional HVAC service work for commercial and industrial clients, restaurant equipment repair and some commercial laundry equipment service. They offer service contracts, maintenance services, emergency repair, not-to-mention they service all makes and models of just about anything that heats or cools. The business has a full complement of trained technicians with a long track record of a high standard of service. The business currently is a 3 man/four truck service company, with an additional truck and equipment to expand to 4-5 or more technicians today. The owner is not a service technician, he operates as the General Manager. They serve Windsor-Essex and do a small amount of business in the Chatham-Kent area. An acquisition will provide an excellent opportunity for an entrepreneur with experience and knowledge of the repair of heating, refrigeration, and A/C systems a successful business fully staffed that is highly regarded in the industry. The current owner is a motivated seller ready for retirement!
About the Business
Years in Operation
28
Number of Employees
4
Facilities & Assets
This business operates from a small office and shop space that is centrally located. Total space is approximately 2500 sq.ft. which includes approximately 1250 sq.ft. of office space and 1250 sq.ft. of warehouse/shop space. Property is approximately 36,000 sqft, so there is room to grow. Centrally located with easy access and short drive to most customers. Property includes in floor heating and forced air heat, A/C in the office and automatic back up generator.
Market Outlook / Competition
A new owner could capitalize on the long-time and recurring business of the company to help maintain a consistent stream of income in the future. There is local and regional competition.
Opportunities for Growth
There are expansion possibilities in their service menu. A new owner could grow the business by looking into diversification of service offerings, such as construction and electrical services. Other ancillary services, such as installation, sheet metal, and air duct cleaning could be offered as well. Plus, marketing optimization with new forms of marketing such as physical advertising and social media would allow the business access to a larger base of customers.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
The owner is willing to stay on for a period of time to help introduce the buyer to key clientele, main suppliers, and the inner workings of the industry.
Financing Options
Seller financing available to qualified Buyers
Listing Info
ID
2374141
Listing Views
751

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Business Listed by: Bill Sivell Liberty Business Brokers of Ontario

Listing ID: 2374141 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.