Profitable – Absentee Owner – HVAC Business
HVAC & plumbing · Ontario · 22 days listed
Ontario — city not named
HVAC & plumbing business for sale in Ontario
Listed as “Highly Profitable Mechanical Contracting Business”Under offer
Price
Asking price$10,000,000
Multiple3.1× SDEin line with comparable listings
Comparables2.8×–3.3×median 3.0× · 14 HVAC & plumbing listings
3.1×
0×typical 2.8×–3.3× · median 3.0×5.2×
Asking prices on listings with disclosed SDE, not sale prices. Valuation calculator for HVAC & plumbing
Earnings
Revenue$34,000,000
SDE / cash flow$3,200,000
EBITDANot disclosed
Published figures differ between listings of this business: asking price $10,000,000 vs $16,000,000; revenue $34,000,000 vs $35,000,000; cash flow $3,200,000 vs $4,600,000. We show the broker’s own figure.
Business
IndustryHVAC & plumbingMore HVAC & plumbing businesses for sale in Canada
LocationOntariothe listing names only the province
EmployeesNot disclosed
EstablishedNot disclosed
Days listed419
Sale
Reason for saleNot stated
Seller financingNot disclosed
CSBFP loanUnlikelyrevenue over the CSBFP’s $10M limit — confirm with a lender
Score
- Price80— in line with comparable listings
- Disclosure50— 3 of 6 key facts published
- Financing20— revenue over the CSBFP’s $10M limit
- Handover40— reason for sale not stated
- OverallC55/ 100 — grade C
Weighted price 40, disclosure 30, financing 20, handover 10; minus 10 per red flag not already counted. A 85+ · B 70+ · C 55+. How we grade
Red flags
- None trippedThat’s not diligence — still ask for three years of financials.
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