Commercial Heating & Mechanical Contractor in Kitchener-Waterloo in Kitchener-Waterloo, ON
BL-565C3

Commercial Heating & Mechanical Contractor in Kitchener-Waterloo

Kitchener-Waterloo, ON·Trades & Services

Listed by N3 Business AdvisorsVerified broker

Executive Summary: A well-established commercial hydronic heating and mechanical contractor serving the Kitchener-Waterloo Region and Southwestern Ontario. Founded in 1999, the Company designs, installs, and services hydronic heating and mechanical systems for commercial and multi-residential buildings. Key Highlights: 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 $525K average annual revenue and ~$321K average SDE over the last three years (FY2023-FY2025). Recurring Service Revenue from an established base of roughly 50 residential and 3 commercial accounts, including multi-residential apartment portfolios. Owner-Operated, Lean Model supported by a long-tenured office, warehouse employee and trusted subcontractors. Asset included- approximately $70K of vehicle, tools, and equipment included. Multiple Growth Avenues including plumbing service expansion, recurring maintenance contracts, geographic reach, and dedicated business development. Transition Support available from the owner for a reasonable period to ensure continuity. Reason for Sale – Retirement. VTB – The seller is open to a reasonable VTB to qualified buyers.

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