Business & Financial Overview
- Established in 2014 and specializing in exterior restoration, interior design build service and general townhouse maintenance services primarily for the multi-residential condominium buildings in GTA
- Company has excellent reputation for working in ‘common areas’ and is known for processes and procedures when renovating spaces that are always occupied with access by owners
- As per seller, 3 Yr Average Revenue and SDE of $9.2M and $1.6M respectively; YE Oct 2025 revenues expected to be around $10.5M ( $3.9M current project backlog)
- Business price includes approximately $900K of Working Capital and $150K of Equipment
Human Resources
- Team Size : 14 Employees (12 full-time employees and the two owners)
- Experienced Management: Team has very knowledgeable Project Managers and Estimators
Business Snapshot
- Niche Focus: Company is a well-known brand and go-to vendor for property managers in the multi-residential condominium market
- Preferred Partner: Company is a preferred vendor for two of the largest property management firms
- Reputation: Knowledgeable staff, Strong client relationships, laser focus on the condo market needs, superior quality of work and strong supplier network has led the company reputation as a reliable partner that delivers on time and on budget
- Management: Company has leadership in place that can efficiently handle most of the day-to-day operations and client relationships ensuring business continuity post transition
- Growth: Company has a well-rounded marketing program ( up-to-date CRM, Social Media presence, Trade-show & conference) that results in healthy funnel and growth opportunities
Transition
- Current owners are looking to retire and are willing to stay for a reasonable period to ensure a seamless transition
- The Owner (s) will consider reasonable Vendor Take Back from a qualified buyer