The demand for Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC/R) has remained consistent through tumultuous economic times. HVAC/R contractors repair and install air conditioning, furnaces, and refrigeration systems.
The industry certainly passes the recession resilient test, given that even in the toughest of economic times most people still want their homes at least to be comfortable. The overall industry has a projected CAGR of 6.1% between 2021 and 2026.
1. Full Service Plumbing And Heating Solutions For Sale :
This full-service plumbing and heating business, established in 1909, spans three generations and boasts an unbeatable reputation in the community. Providing expert services in plumbing, heating, HVAC, air conditioning, and underground sprinklers, the business has built trust with clients who rely on their dependable and professional offerings. With a 24/7 emergency support service, a well-stocked in-shop inventory, and a dedicated team, this business is a go-to choice for both regular and emergency services.
- Asking Price: $2,850,000 CAD
- Sales Revenue: $3,028,587 CAD
- Cash Flow: $818,247 CAD
- Established: 1909
- Employee Count: 11
- Reason for Selling: Owners wish to retire
Business Highlights:
- Three Generations of Service: A 3rd generation business with a long-standing, positive reputation.
- Professional Team: Exceptional, professionally trained, and dedicated staff.
- Community Reputation: Amazing reputation and strong relationships with contractors and clients.
- Product Range: Wide range of products and services make the business a local go-to.
- Growth Opportunities: Opportunities for growth under new ownership.
Assets Included:
Furniture/Fixtures: $251,500 CAD
Inventory/Stock: $192,000 CAD
Support & Training:
Support and training available, to be negotiated.
Don't miss the opportunity to own a well-established and reputable plumbing and heating business with a history of success. With a solid foundation, professional team, and growth opportunities, this business is ready for a new owner. Inquire for more details.
2. Profitable Service Plumbing & Heating Business in Edmonton For Sale :
This highly profitable full-service plumbing business, established in 2010 in Edmonton, Alberta, caters to both residential and commercial clients. With a comprehensive range of plumbing services, strong industry relationships, and a skilled team, this business has become a trusted service provider in the region.
- Asking Price: $3,500,000 CAD
- Inventory/Stock: Included
- Sales Revenue: $3,100,000 CAD
- Cash Flow: $625,000 CAD
- Location: Edmonton, Alberta, Canada
Business Details:
Specializes in residential and commercial plumbing services.
Offers a complete set of plumbing solutions, including backflow prevention, boiler and furnace services, water service replacement, heating repair, and more.
Trusted by property management companies, condominium corporations, strip plazas, and malls.
Non-union staff with experienced employees, fostering a stable work environment.
Fleet of service vans, both owned and subcontracted, for efficient operations.
Owner oversees operations, estimating, and staff management.
Owner willing to assist in the transition and open to consultancy post-retirement.
Operational Insights:
Employees: 12
Years Established: 13
Support and Assets:
Owner provides support during the transition.
Furniture/Fixtures Value: $320,000 CAD
Inventory/Stock Value: $100,000 CAD (included)
Opportunity:
This is an excellent opportunity for individuals or investors looking to acquire a well-established and profitable plumbing business with a strong market presence in Edmonton. The business is poised for continued success under new ownership.
For more details or to express interest, please contact the seller.
3. Hvac And Mechanical Contracting Business In Gta For Sale :
This well-established HVAC and mechanical contracting business, located in the Greater Toronto Area (GTA), is now available for acquisition. With a multi-decade track record of profitability, consistent growth, and a loyal client base, this business presents a lucrative opportunity in the HVAC industry.
- Asking Price: $1,800,000 CAD
- Sales Revenue: $2,400,000 CAD
- Cash Flow: $610,000 CAD
- Location: Greater Toronto Area, Ontario, Canada
Business Highlights:
Profitable HVAC contracting business with decades of industry presence.
Demonstrated multi-year track record of profitability.
Sales revenue for the period ending September 2023: approximately $2.6 million.
Loyal and organic client base with a contract customer turnover rate of less than 2%.
Managing over 110 active service and maintenance contracts.
Approximately 17% of recurring revenue from fixed contract billings.
Business price includes assets valued at approximately $305,000.
Employing 7 staff members (excluding owners).
Co-owned by two partners, both actively involved in operations and management.
Majority of revenues generated organically with untapped growth potential through marketing.
Seller financing available for qualified buyers.
One partner looking to retire but willing to remain actively involved during the transitional period.
The other partner open to staying on, considering both transitional and long-term possibilities.
Operational Details:
Employees: 7
Years Established: Multi-decade
Opportunity:
This HVAC and mechanical contracting business offers a prime opportunity for individuals or investors seeking an established and profitable business in the GTA. With consistent growth, a loyal client base, and untapped potential for further expansion through marketing efforts, it's a strategic investment in the HVAC industry.
For more information or to express interest, contact the seller.
4. General Contracting Mechanical And Building Maintenance Under Offer In Calgary For Sale :
This well-established Calgary-based company, in operation since 2009, is currently under offer, providing a unique opportunity for individuals or investors looking to enter the general contracting, mechanical services, and building maintenance industry. With a commitment to delivering high-quality, affordable services while maintaining a personal touch, this business has established a strong customer base and an excellent reputation for staying on time and budget.
- Asking Price: $995,000 CAD
- Sales Revenue: $1,817,861 CAD
- Cash Flow: $462,898 CAD
- Location: Calgary; home-based
Business Highlights:
- Established in 2009: Providing a wide range of services, including general contracting, mechanical services (plumbing, HVAC, etc.), and building maintenance.
- Commitment to Quality: Known for its personal touch, the business has a track record of staying on time and budget, focusing on customer service excellence.
- Strong Reputation: The business has built a robust customer base and enjoys an excellent reputation in the industry.
- Growth Opportunities: Presents significant opportunities for growth with a dedicated and passionate owner.
- Ownership Transition: The current ownership is willing to work with a new owner for a significant period (1-2 years) to ensure a smooth transition and continued success.
Why This Business:
- Wide Variety of High-Quality Services: Offering diverse services in general contracting, mechanical services, and building maintenance.
- On Time and On Budget: Known for staying on time and budget, ensuring customer satisfaction.
- Strong Customer Base: Built a strong customer base over the years.
- Opportunities for Growth: With a dedicated owner, the business has tremendous potential for further growth.
- Supplier Relationships: Maintains strong relationships with suppliers.
- History of Honesty and Transparency: A track record of honesty and transparency in business operations.
Note: Revenues and Earnings are based on a three-year average.
Operational Details:
Employees: 3 Full-time + Contractors
Years Established: 2009
Opportunity:
While this business is currently under offer, it had represented an excellent opportunity for a buyer interested in a Calgary-based enterprise in the general contracting and maintenance sector. For updates on its status or potential availability, interested parties are encouraged to contact the seller directly.
5. Profitable Mechanical And Electrical Business For Sale :
This well-established and profitable business based in Winnipeg is available for a quick sale, providing an excellent opportunity for individuals or investors looking to enter the mechanical and electrical services sector. The company caters to both residential and commercial markets, offering installation, maintenance, and servicing of heating, air conditioning, electrical, and various other products. With a solid customer base, experienced human resources team, and a history of robust sales and profitability, this business presents a compelling investment opportunity.
- Asking Price: $1,200,000 CAD
- Sales Revenue: $2,000,000 CAD
- Cash Flow: $425,000 CAD
- Location: Winnipeg, Manitoba, Canada
Business Highlights:
- Established and Profitable: The company has a successful track record in the mechanical and electrical services industry.
- Market Presence: Serving both residential (75% of annual sales) and commercial markets (15%).
- Comprehensive Services: Offers installation, maintenance, and servicing of heating, air conditioning, electrical, and various other products.
- Experienced Team: Features an experienced non-union human resources team.
- Customer Base: Maintains an established customer base, including planned maintenance agreements.
Financial Snapshot:
Annual Sales: Exceeding $2 million
EBIT-DA: Approximately $425,000
Opportunity:
This business is being offered for $1.2 million plus inventory (estimated at $400,000). The associated real estate is also available for purchase. With a quick sale opportunity, interested buyers are encouraged to reach out for further details and negotiations.
For more information or to express interest in the business, interested parties can contact the seller directly.
6. Refrigeration And Mechanical Services Business In Manitoba For Sale :
An established and highly profitable refrigeration and mechanical services business in Manitoba is available for sale. With decades of industry experience, a broad range of services, and a solid reputation, this company has made significant contributions to various projects across the province. The business generates substantial revenue from sales, installations, and additional services, achieving annual revenues exceeding $4,000,000 and a cash flow of $338,000. The sale includes the property, which was recently appraised at just over $2,000,000.
- Asking Price: $3,826,000 CAD
- Sales Revenue: $3,961,000 CAD
- Cash Flow: $338,000 CAD
- Location: Manitoba, Canada
Business Highlights:
- Decades of Industry Experience: The company brings a wealth of experience to the refrigeration and mechanical services sector.
- Diverse Service Offerings: Specializes in a wide variety of services, including boilers, geothermal, and more.
- Provincial Presence: Work completed by the company can be found throughout the province of Manitoba.
- Solid Reputation: Backed by a strong reputation for delivering high-quality services.
- Exemplary Staff: The company boasts a team of skilled and experienced professionals.
Property Information:
Real Estate: Real property is included in the sale.
Opportunity:
This is an excellent opportunity for individuals or entities looking to acquire a well-established, financially sound, and reputable refrigeration and mechanical services business in Manitoba. The inclusion of the property adds further value to the offering.
For inquiries and details, please reach out to the seller directly.
7. Reliable Hvac Business With Growing Revenues For Sale :
This highly profitable full-service residential and commercial plumbing business, established in 2010, presents a lucrative opportunity for acquisition.
- Asking Price: $3,500,000 (CAD)
- Sales Revenue: $3,100,000 (CAD)
- Cash Flow: $625,000 (CAD)
- Established Reputation: Operating since 2010, the business has built a strong reputation for providing a complete set of plumbing services for multi-residential and residential properties.
- Strategic Partnerships: Maintains working relationships with many reputable property management companies, placing the business on the preferred vendor list for various entities.
- Diverse Service Offering: Offers a comprehensive range of plumbing services, including backflow prevention, boiler and furnace repair and replacement, water service replacement, heating repair, booster pump replacement, sewer backup, toilet replacement, and more.
- Client Base: Services property management companies, condominium corporations, strip plazas, and malls, catering to both residential and commercial sectors.
- Experienced Staff: Non-union staff of 11 employees, many of whom have been with the company for over 5+ years.
- Service Fleet: Operates with 12 internal service vans and 2 subcontracted service vans on the road.
- Owner's Role: Current owner's key role is overseeing operations, estimating, and managing staff.
- Transition Support: The owner is willing to stay with the business as a consultant for a negotiable time period, providing valuable transition support.
Business Operation:
Employees: 12
Years Established: 13
This turnkey opportunity is ideal for a buyer looking to enter or expand in the plumbing and heating industry. With a well-established reputation, strategic partnerships, and a diverse service offering, this business holds significant growth potential. The owner's willingness to provide transition support adds further value to the acquisition.
Conclusion
In summary, the HVAC/R industry in 2024 offers a spectrum of enticing business prospects, each with its unique strengths and growth potential. As highlighted on OpenFair.ca, a leading online marketplace for business transactions, these opportunities range from established plumbing and heating businesses with decades of reputable service history to flourishing HVAC and mechanical contracting enterprises in prominent Canadian locations. With detailed financial insights, operational nuances, and comprehensive overviews, OpenFair.ca provides a reliable platform for potential buyers to explore and connect with sellers seamlessly. Dive into the diverse HVAC/R listings, leverage expert assistance, and embark on a prosperous journey into business ownership. Explore, connect, and secure your position in the dynamic HVAC/R industry through OpenFair.ca.
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