How do I judge an indoor sports facility’s heating and cooling costs from past bills?
Collect several years of bills, line them up by month and season, and compare them with the building’s hours, size and ice or turf use. Ask what has changed since, such as equipment, usage or rates, because past bills only predict the future if the conditions stay similar.
Ask for the full set of utility statements, not summaries. Line them up month by month so you can see the seasonal shape: when costs climb, when they fall and whether any months look odd. Compare them with the facility’s calendar. A busy tournament weekend or a long maintenance shutdown can explain a spike that looks alarming in isolation.
Then ask about the building. The age of the heating and cooling equipment, the quality of insulation and doors, lighting type and any recent upgrades all affect what bills will look like. Find out whether major systems are near the end of their life, and whether costs are fixed by a contract or float with market rates. Some of these costs behave like fixed costs, while others rise with usage.
Finally, check what the bills include. Tenants, shared meters or sub-billing can distort the picture. If the facility is leased, read how utilities are split with the landlord. An energy assessor or building inspector can give a more informed view than the bills alone. Use that to build your own forecast rather than assuming past costs repeat. Ask the seller to explain any month that stands out.
Key takeaways
- Chart the bills month by month to see the seasonal pattern.
- Ask what has changed in equipment, usage and rates since those bills.
- Check how meters and the lease divide utility costs.
Related reading
15 pages on the same subject, grouped by topic.
Buying
- Expert answerHow do I judge the safety incident log of an indoor play centre?
- Expert answerHow do I judge the cleanliness routines at a pet boarding facility?
- Expert answerWhat does it cost to own and run a self-storage facility?
- Expert answerHow do I find a heating oil or propane delivery business for sale?
- Expert answerHow do I review a convenience store’s ATM, money order and bill payment services?
- Expert answerHow do I check a cybersecurity consultancy’s reports and past engagements before buying?
- Expert answerHow do I check how a reseller bills for consulting hours?
Due diligence
- Expert answerHow do I judge the risk of a demolition company’s past neighbour complaints?
- Expert answerHow do I judge if a sewing school’s sewing machine servicing costs are creeping up?
- Expert answerHow do I check an inn’s heating, hot water and laundry set-up?
- Expert answerWhat should I check in a staffing agency’s bill and pay rates before buying?
- Expert answerHow do I review a renovation contractor’s jobs where clients are still disputing the bill?
- Expert answerHow do I check a laundromat’s water heating and ventilation set-up?
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are fixed costs?
- 02Business Development Bank of CanadaGovernmentWhat are variable costs?
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
Deavo is an advertising and listings platform, not a brokerage, law firm or valuation firm. This page is general information, not legal, tax, accounting or valuation advice, and rules differ by province. Confirm anything you rely on with a qualified professional before you act on it.