HVAC and Plumbing Business For Sale | N3 Business Advisors

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