Industrial HVAC Manufacturer
Location: Canada -> Alberta
Industry: Manufacturing > Other Manufacturing
Businesses for sale Summary
Industrial HVAC (Heating, Ventilating and Cooling) Manufacturing Business For Sale. Ref.IA022. Location Alberta, Canada. Asking Price ? 1,720,000. The company was established by its main directors in 1989 and has been grown to a size that is suitable for the director’s requirements; however, the opportunity to double capacity through the addition of resources is readily available. It operates from Alberta and has a client base located throughout Canada (85%) and America (15%).
The business designs, builds and supplies custom air handling systems including direct and indirect fired make-up air, environmental control pack systems, heat pump support (HPS) and single zone horizontal (SZH) for all industrial and commercial grade application. Systems are The business is a CSA/ETL approved shop. Additional features include explosion proof heating and air conditioning, clean room filtration, corrosion resistant coils and custom dust trap systems. As well as air, water and glycol cooled condensing (air conditioning) units.
Quality control is second to none as a result of in house design, production, finishing, testing and full quality control. Their broad bases of customers are both commercial and industrial and most of its work involves the design/build of bespoke systems. It has successfully completed contracts in gas & chemical plants, multi-story buildings, air offices, shops, institutions, sensitive industrial sites and areas like giant computer rooms and is poised to take advantage of the world renowned Alberta Oil Sands expansions (CDN reserves are 2nd only to Saudi Arabia) as well as other projects throughout Canada and the US.
Financials
Asking Price Range: $2.5M – $5.0M
Gross Revenues: Seller Will Provide
Cash Flow: Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1989
Number of Employees: 1 – 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: There will be a full and professional handover of the business for a period to be agreed as part of the overall sales negotiations.
Reason For Selling: The vendor wishes to retire.
