This business offers an excellent opportunity for a larger HVAC operation seeking expansion via acquisition.
The business has a strong and diverse client base across its Commercial/Residential Installations and ongoing service/maintenance contracts. The business relies totally on referrals and repeat business.
The prospects in the local market are undeniable, be it the demand Commercial/Residential currently or the longer-term growth projections, Gov. infrastructure and commercial projects that will be required to support the 2032 Olympic Games.
Key Highlights;
· Established and growing since 2010
· Small team led by the working owner
· FY 24 $rev $985,000
· PEBITDA (working owner profit) FY 24 $341,000 (35%)
· Strong pipeline of future work
· Good $rev risk spread Service 20%, Installation 50%, Repairs 30%
· Largest client only 10% of $rev (FY 24)
· No business marketing undertaken by the owner all word of mouth and repeat business
· Very strong market future forecasts for SEQ across residential, commercial, industrial sectors
The photos in this ad are not a true representation of the business for sale.
Property Code: 159
