• 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