HVAC Service Company | Saskatoon SK
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Financial Overview
Asking Price: $1,375,000 (For 73% ownership)
Annual Gross Sales: $3,339,475 (FYE March 31/2024)
Normalized EBITDA: $545,932 (FYE March 31/2024)
Executive Summary
▪ Established in 1984, this renowned HVAC service company has built a strong reputation servicing light commercial and construction clients primarily in Saskatoon, SK;
▪ HVAC service company with a skilled team of 8 technicians, strong recurring service revenue, and a large and diverse client base, ensuring a seamless ownership transition.
Key Features
▪ $2.0 Million annually in stable, recurring service revenue from a diverse portfolio of high profile national and industrial clients;
▪ Nearly 5,000 past clients and strong relationships with contractors and property managers, ensuring a continuous flow of repeat business and referrals;
▪ Experienced management team that is invested through share ownership, ensuring operational stability and continuity;
▪ Skilled team of 8 dedicated technicians (3 Journeyman/Management, 3 Journeyman, 2 Apprentices), capable of handling workload in a competitive market;
▪ Turnkey operation offering a prime acquisition opportunity in Western Canada’s technical services sector.
Investment Potential
▪ FYE 2024 Normalized EBITDA of $545,932 exceeds the industry average, making this an attractive and easily financeable acquisition;
▪ Majority asset-backed asking price with minimal goodwill, offering strong financing potential.
