Business Sold Queensland
Business Category Building and Construction Electrical Manufacturer
SOLD
Description
Under Contract
One of Southeast Queensland’s longest trading and most respected specialist air conditioning, mechanical ventilation and electrical companies.
This business offers an excellent opportunity to acquire a very well established, financially successful and well reputed, HVAC operation.
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, with local Government counted as one of their longest client relationships.
This would ideally suit a progressive Electrical/HVAC/Facilities Management company seeking to expand geographically. 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 37+ years
· Turnover $6.7M+ (FY 2022/23)
· Double digit normalised EBITDA
· Specialising in refrigeration, heating and air conditioning installation and service
· Diverse portfolio - 65% Commercial Installations, 10% Domestic Installations, 25% Maintenance and Repairs
· Ongoing service maintenance contracts with 300 clients
· Experienced stable team of Management, Trained Technicians and Trade Apprentices
· Serving the burgeoning commercial/residential markets of SEQ/NNSW
The photos in this ad are not a true representation of the business for sale.
Property Code: 145
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This business is somewhat unique and has no similar competition in this region, category or price bracket.