Retiring Owner in GTA – Home Renovation Contractor

Business Overview

  • Long established residential renovation contractor: Roots dating back to the 1940s, specializing in both interior and exterior projects.
  • High-touch service model: Featuring hands-on project management and licensed subcontractors, with a strong on-site presence from inception through completion.
  • Reputation-driven business: Consistent stream of repeat and referral clients, built on exceptional communication, reliability, and quality delivery.

 

Financial Highlights

  • Consistent profitability: Business has always been run profitably with around +40% Gross Margins.
  • Strong revenue performance: Approx. $1.3M in 2024 and $980k in 2025.
  • Seller’s Discretionary Earnings: Nearly $300K in 2025.

 

Human Resources & Assets

  • Team of 6 employees: (4 full-time, 2 part-time): including renovators, a carpenter, and administrative support.
  • Owner actively manages operations: Including scheduling, project coordination, and client/crew communication; an incoming owner should have project management experience in construction.
  • Established subcontractor network: Long-tenured, licensed trades familiar with company standards and expectations.

 

Strengths & Considerations

  • Strong market reputation for quality, communication, attention to detail, and reliability—consistently delivering on commitments.
  • Operational continuity depends on disciplined subcontractors and staff: Maintaining service levels will require a capable project manager post-transition.

 

Transition & Future Opportunity

  • Flexible sale structure: Openness to seller financing under favorable terms.
  • Seller committed to a smooth transition: Willingness to remain involved for a defined period.
  • Reason for sale: Retirement.