Plumbing and HVAC contractor, Okanagan Valley: first read
Source: Sunbelt Network listing VAN03BC002-59096, read 2026-10-26. Listing figures are the seller's.
Plumbing and HVAC contractor, Okanagan Valley, listed at $2,690,000 including the owned property (showroom, warehouse, fabrication space, offices and an owner's residence), with reported revenue of $2,273,519 and adjusted EBITDA of $213,030 (listing figures). Over 20 years in operation; reason for sale given as retirement; more than 6,000 active clients.
First read: the bundled price is 12.6x adjusted EBITDA. On a conventional structure (commercial mortgage on the property, term loan on the business, 25% equity), debt service would run about $260,000 a year, which the listed earnings do not cover. The deal depends on what the property is worth on its own and how it is financed.
The three things a buyer should check first
- An appraisal of the property, and whether the residence can be separated or leased back.
- Whether any rent for the property is charged in the EBITDA, and what the owner was paid for the hours worked.
- The technicians, the tickets they hold and their tenure, behind a 20-year retirement sale.
The full sample Deal Risk Screen for this listing, with the debt service table and the five questions to ask before an LOI: open the sample (PDF).
This note is general information from public listing figures, not advice on this purchase. Deal Diligence has no connection to the seller, the broker or the business.