HVAC and Sheet Metal Contractor

The Business for sale is a well-regarded sheet metal contractor, specializing in HVAC and duct work. The Company performs work on new construction (90 percent of sales) and renovation (10 percent) projects. The vast majority (90 percent of sales) of sales is derived from commercial work. Approximately 10 percent of the Company’s business is attributed to government and institutional accounts, which represent a potential growth avenue for new management to pursue. Notwithstanding the Company’s proven performance record, current management believes that new ownership with greater capital and human resources may be better suited to take advantage of exciting growth opportunities. The active principal has expressed an interest in remaining with new management to facilitate a smooth transition period given an agreeable transaction structure and compensation package. The Company’s strong customer relationships and long-standing reputation present exciting opportunities to increase market share. Increased business development efforts, geographic expansion, and pursuit of untapped markets business present exciting areas to seek immediate growth for more aggressive management through the injection of capital and human resources

Client Number: 3199
Region: Canada
Gross: $1,500,000
EBITDA: $97,000
Year Established: 1996
Number of Employees: 11
Franchise: No
Homebased: No
Relocateable: No

Facilities:

To be provided in CBR.

Reason for Selling

Growth capital.

Management Training Support

The principals are available to remain with new management to facilitate a smooth ownership transition.

Market Outlook

Management is confident that significant growth can be achieved via increased marketing efforts.