Thermal Maintenance and Installation Company with an Established Client Base

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An acquisition opportunity is presented for a company with a track record spanning several decades in the field of maintenance, repair and technical servicing of thermal installations in buildings, as well as the repair of household appliances and equipment related to refrigeration and air conditioning. This is a business with a long operating history, a client base built up over many years, and recurring activity primarily focused on technical services and maintenance.

The company began operations in the second half of the 20th century and has evolved progressively, adapting to changes within the sector. Throughout its history, it has provided appliance repair, air conditioning and heating services, gradually incorporating boiler maintenance and other thermal installations, which today represent its main line of business. Its development has been characterised by a strong service-oriented approach and long-term customer retention.

Currently, the core activity focuses on the maintenance and technical servicing of heating boilers, mainly gas-fired units, both domestic and, to a lesser extent, higher-capacity systems installed in boiler rooms. The company also carries out maintenance, commissioning and repair of gas water heaters for domestic hot water, electric water heaters, solar thermal installations and control systems. Operations are primarily carried out on-site at customer premises, covering a wide geographic area within its province of influence.

The business benefits from a consolidated client base, made up predominantly of residential users, complemented by sector-related companies and the general public. Customer relationships have been built over time on trust, continuity of service and technical expertise, which represent one of the company’s key intangible assets.

The current structure is lean and aligned with the size of the business, and has historically been highly dependent on the owner, who has performed technical, administrative and management functions. At present, the company retains administrative support for customer service, while technical operations have been gradually reduced due to the owner’s approaching retirement. This situation creates a clear opportunity for a buyer wishing to reorganise and scale the business by incorporating technical staff and expanding the range of services offered.

The company has the basic material resources required to carry out its activity, including vehicles for technical visits and dedicated maintenance equipment. There is no real estate included as a mandatory part of the transaction; however, there is the option to acquire an additional commercial property owned by the partners, which could serve as a new headquarters for the buyer, subject to separate negotiation.

The sale is driven by a personal decision of the owner linked to his upcoming retirement and the desire to ensure continuity of the activity, avoiding its definitive closure.

This opportunity is particularly well suited to a professional or company operating in the thermal installations, HVAC or technical services sector seeking to acquire an active client portfolio and an operational base from which to grow. It may also appeal to a technically minded entrepreneur wishing to develop a standalone project, expanding the activity towards the sale, installation and comprehensive maintenance of equipment, with significant growth potential compared to the current structure.

Key Figures

• Average annual turnover (last 5 financial years): ~€135,000
• Client distribution:
  – Companies: 76%
  – General public: 12%
  – Private individuals: 12%
• Current team: very lean structure (administrative support)
• On-site activity at customer premises within the province
• Property not mandatorily included in the transaction (optional, subject to negotiation)

Indicative asking price:

• €250,000, excluding property
• €300,000, including an alternative property (prices negotiable)