General Contracting and Millwork Company For Sale

  • Very profitable Commercial General Contracting Business established in GTA for more than 30 years
  • Company specializes as a full-service general contractor providing commercial interior renovations and has its own Millwork facility spanning approximately 10K sq. ft.
  • Business has done annual revenues up to $10M and seller discretionary earnings up to $2M during last 5 years. Business took a hit during Covid but is back on its feet and has generated approximately $3M in revenue and approximately $415K in owner discretionary earnings during the fiscal year ended August 2022
  • The Business has approximately $4.5M of Revenue in the pipeline comprising of completed contracts in the amount of approximately $1.8M in the current financial year so far, plus additional contracts for future jobs exceeding $2.75M as at May 2023
  • Business price includes equipment and inventory valued approximately $300,000
  • Seller will consider Vendor Take Back (VTB) financing for a qualified buyer
  • Its customers are located across Ontario region with the majority located within the Greater Toronto area
  • It handles all phases of construction from planning and estimating to final delivery. Primary construction activities are performed by well-tested, long-serving subcontractors. The Company’s highly skilled workforce is the driver of its excellent reputation and success
  • Staff of 4 FT employees provides a substantial depth of talent
  • Huge potential to grow by leveraging the current brand and hiring more salespeople, estimators and project managers
  • After 30 years in business, seller is looking to retire; however, he is willing to stay for up to a 1-year transition period in a similar capacity and as a consultant after 1-year period