47711
Heating & Electrical Contractor (Residential)
Available for Acquisition
(Client #47711)
Business Description
Ostir Business Brokers Ltd. has been exclusively engaged to market an established and profitable Manitoba Company which is mechanical and electrical contractor providing a range of services for the residential (approximately 75% of annual sales) and commercial markets (15%). The Company installs, maintains and services heating, air conditioning, electrical, and miscellaneous other products including Water Heaters and air quality control systems.
The Company owns land and building which is also available for purchase.
Sales and profitability have been historically solid with annual sales of approximately $3 million and an EBIT-DA of approximately $400,000.
Acquisition Considerations
Our client represents an excellent “add-on” investment opportunity for existing heating, refrigeration, plumbing, and electrical service industry participants. Prospective purchasers should be attracted to Company’s strong sales and profitability and excellent reputation and strong human resources. An existing industry participant could potentially achieve significant operating efficiencies.