Business Overview
- Established Presence: Founded in 2003, the business has built a strong reputation in the Greater Toronto Area (GTA), specializing in both interior and exterior residential projects..
- Diverse Services: The company offers a wide range of services, including hardscape projects, interior renovations (kitchen, bathroom, basement), and exterior aluminum/vinyl work.
- Strong Online Presence: The business benefits from a highly significant and well-positioned online presence, generating sales leads and brand recognition.
Financial Highlights
- Consistent Revenue: the business has consistently performed well with annual revenue over $1.7MM in 2023.
- Healthy Bottom Line: Impressive Seller’s Discretionary Earnings (SDE) of $340K in 2023.
Human Resources
- Experienced Professionals: Supported by a reliable and long-serving roster of vetted installers, ensuring high-quality service delivery.
- Staffed with key positions including Salesmen, an Office Manager, and a Bookkeeper.
- Owner’s Role: The owner is primarily involved in managing jobs and client interactions, but the business has processes in place to operate independently with a manager.
- Includes Key Equipment: Sale encompasses essential office equipment and computers.
Opportunity and potential
- Acquisition Opportunity: Ideal for buyers looking for a turnkey business with growth potential.
- Recession-Proof Sector: Demonstrated ability to thrive even in economic downturns.
Transition & Future
- Seller Financing: The owner is open to offering seller financing, up to 15% of the sale price, to facilitate the transaction.
- Reason to sell: the current owner is considering the sale due to a planned family relocation.