HVAC Service Company | Saskatoon SK

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.