Secure Commercial Air Conditioning Contracting Business

The business was established over 20 years ago to provide air conditioning/ HVAC services to new large-scale construction projects throughout the Greater Sydney Area.

Company directors have combined experience in the HVAC industry for over 50 years. The business primarily provides complete HVAC system design, engineering, installation, supply, optimised maintenance and repair services to commercial clients.

• Current Sales circa $45M
• Adjusted profit to owners(including owners wages) $8M (2024)
• Current contracts/ agreements in place
• Very low fixed overheads
• Scalable structure
• Currently nominal level of leverage in place- opportunity for leverage buyout (LBO)
• High levels of repeat business
• Nominal level of leverage/debt
• Minimum stock required for this business
• Numerous opportunities for growth
• Strong pipeline of work commencing immediately ($96M contracted)
• Other opportunities for growth imminent
• Industry primed for strong growth in high-rise residential in next 5 years

The owners of this business are amiable to assist an Investor/Partner in the successful transition of this business.

It will require some training and transfer of technical and industry-specific knowledge which the present owners acknowledge. Ideally, an Investor/Partner will have experience in the industry and the ability to manage and lead a large team of trades and subcontractors.

This business would ideally suit one of the following Investor/Partner:

• Someone in the air conditioning industry with some knowledge and experience in working with commercial clients.
• Another air conditioning company wanting to bolt on an acquisition and benefit from its current business structure.
• An investor or Private Equity firm looking for an investment with a growth story that could capitalise on solid future potential in the apartment market in Sydney.

Asking Price: Owners are seeking expressions of interest.