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Commercial Hydronic Heating And Mechanical Contractor In Kitchener-Waterloo For Sale

Kitchener, Ontario, Canada, ID 243203

Commercial Hydronic Heating And Mechanical Contractor In Kitchener-Waterloo For Sale 1
Commercial Hydronic Heating And Mechanical Contractor In Kitchener-Waterloo For Sale 1
Asking price:
CAD$490 000
Cash Flow (per year): $321 000 cad
Sales Revenue: $525 000 cad
Owner
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Description

Executive Summary.A well-established commercial hydronic heating and mechanical contracting business serving the Kitchener-Waterloo Region and Southwestern Ontario. Founded in 1999, the company specializes in the design, installation, and servicing of hydronic heating and mechanical systems for commercial and multi-residential properties.Key Highlights.Over 25 years of operating history serving commercial and multi-residential clients since 1999.Specialized engineering expertise in hydronic heating and mechanical systems.Strong profitability with approximately 525,000 dollars in average annual revenue and approximately 321,000 dollars in average Seller’s Discretionary Earnings over the last three fiscal years (FY2023-FY2025).Recurring service revenue from an established base of approximately 50 residential accounts and 3 commercial accounts, including multi-residential apartment portfolios.Owner-operated lean structure supported by a long-tenured office and warehouse employee along with trusted subcontractors.Approximately 70,000 dollars in assets included, consisting of vehicles, tools, and equipment.Multiple growth opportunities including expansion into plumbing services, increased recurring maintenance contracts, broader geographic reach, and dedicated business development initiatives.Transition support available from the owner for a reasonable period to ensure operational continuity.Reason for sale is retirement.Vendor take-back financing is available to qualified buyers, subject to agreement on reasonable terms.

Details

Real Estate: Lease
Reason for selling: Retirement
Support from seller: Full transition support from seller
Asking price: 490 000 cad
Cash Flow (per year): 321 000 cad
Sales Revenue: 525 000 cad

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