HVAC Plumbing Contractor Lennox Dealer Business with Optional Property

British Columbia, Canada
Mechanical Contractor
SOLD

Description

Address

British Columbia, Canada

This mechanical contractor has been serving the area for 40+ years and now it’s time to retire. They have an impeccable reputation for both residential and commercial plumbing, gas fitting, sheet metal, boilers, HVAC installations and maintenance. From residential fireplaces to commercial rooftop units, to large industrial chiller systems, this company can deliver on time and on budget. They supply the biggest names in the industry and carry sufficient stock to avoid supply chain issues. Fabrication of all sheetmetal products is done in-house using the latest automation and machines to maximize output and minimize cost. The crew of certified staff are journeymen (and women) that are loyal, happy, and hardworking; ready to tackle the most complicated of custom installations. There is also a mentorship program for apprentices. Profitability continues to grow annually with a dip in revenue due to the COVID-19 pandemic. A competitive lease can be negotiated for the large industrial/retail property during due diligence with an option to purchase. Owners will provide extended transition time to ensure continuation of the business to best serve the customers and meet their needs. If you are an existing mechanical, plumbing, or HVAC contractor, this is a perfect addition to your portfolio.

Highlights

  • Excellent current profitability
  • Founded 20+ years ago
  • Management in place
  • Highly trained technical employees
  • Owners will provide lengthy transition
  • Non-compete agreements available
  • Unrivaled repeat customer accounts

Details

Price: SOLD
Property Type: Business
Property Status: Sold
Sale Type: Share
Ownership Type: Corporation
Industry: Mechanical Contracting (HVAC)
SIC Code: 1711
NAICS Code: 238220
Working Capital: Approximately $350,000