HVAC Services Contractor
Business Description
The Company is a full-service HVAC and water heater contractor. The primary entity provides repair, installation, & maintenance services and the secondary entity provides water heater and HVAC rental services across southern Ontario. In its 22-year history, the Company has developed strong brand recognition, operational expertise, and comprehensive service capabilities for heating, air conditioning, heat pumps, water heaters, and air quality systems. The owners are seeking a sale of the collective Company or the secondary entity individually.
Key Aspects
· The primary entity produced revenue and adjusted EBITDA growth with
compound annual growth rates (CAGRs) of 10.5% and 95.5%, respectively,
from 2021 through 2024
· Repeat and recurring clients accounted for an average of 57.0% of annual
revenue growing at a CAGR of 32.0% from 2021 through 2024
· Management notes the Company had approximately 2,000 customers with
annual maintenance contracts in 2024
· The Company maintains a diverse client base with no single client
accounting for more than 5% of total revenue in 2024
· The Company has developed operational expertise and strong brand
recognition becoming known for comprehensive and high-quality HVAC services
· Financials as of 7/24
REF-BN000066396
Key Aspects
· The primary entity produced revenue and adjusted EBITDA growth with
compound annual growth rates (CAGRs) of 10.5% and 95.5%, respectively,
from 2021 through 2024
· Repeat and recurring clients accounted for an average of 57.0% of annual
revenue growing at a CAGR of 32.0% from 2021 through 2024
· Management notes the Company had approximately 2,000 customers with
annual maintenance contracts in 2024
· The Company maintains a diverse client base with no single client
accounting for more than 5% of total revenue in 2024
· The Company has developed operational expertise and strong brand
recognition becoming known for comprehensive and high-quality HVAC services
· Financials as of 7/24
REF-BN000066396
About the Business
- Opportunities for Growth
- · Implement targeted sales and marketing campaigns focused on
commercial clients to diversify the client mix and grow profit margins
· Strategically expand into neighboring metropolitan areas to expand
the Company's geographic footprint
· Develop strategic partnerships with home builders to increase single engagement
project repeat revenues
· Expand the service mix into other contractor services such as
plumbing, electrical, and home insulation to accelerate revenue growth and improve client loyalty
Real Estate
- Owned or Leased
- Leased
Listing Info
- ID
- 2409306
- Listing Views
- 34
Listing ID: 2409306 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.
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