Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 45120001
Business For Sale
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Thriving General Contracting Business for Sale in Ontario - Ref #7123
$3,900,000.00 (Cdn)
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Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
Business Categories:
Construction & Renovations
Contracting Trades
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Established and Strong Reputation : The company originated from a larger group established 60 years ago, now primarily serving the province of Ontario while taking on projects in other provinces as needed. Diverse Clientele: The company caters to a diverse clientele, including restaurants, banks, universities, schools, retail renovations, and new construction projects such as plazas. Several long-term clients have relied on its services for over 30 years, reflecting the company’s commitment to quality and lasting relationships.
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Experienced Workforce: The field crew predominantly comprises supervisory personnel, with team sizes fluctuating between 6 to 12 individuals based on seasonal demands and annual variations. The office management team consists of 7 to 9 skilled professionals specializing in estimating, project management, accounting Financial Overview : As per seller, the business has consistently outperformed their revenue targets with average revenue for the past 3 years standing at approximately $15 million.
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The revenue for the year 2023 reached $20.9 million. As per the Seller, projections for the year 2024 indicate revenue estimates ranging from $16 million to $20 million, the average SDE for last 3 years about $969K Approx. Assets Included: The sale includes approximately $588K of assets with the purchase price Seller Financing: The business is well-positioned for growth, backed by its strong history and reputation. For the right buyer, the owner maybe open to a VTB
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INCLUDED, EXCLUDED & OPTIONAL |
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- INCLUDED in the Price - |
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- Check with Seller -
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accuracy of all information to his/her own satisfaction.
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