- Very profitable Municipal Contracting Construction Business established over 26 Years ago
- Revenue of $17.4M in YE Dec 2022. As per the Seller YE Dec 2023 revenue and profits are expected to surpass previous year
- Normalized seller discretionary earnings of $1.84M in YE Dec 2022 and four average of $1.5M
- Company is a General Contractor specializing in Municipal Infrastructure, Earthworks & Land Development and Storm water Management
- Company provides personnel, equipment and capital to develop sewer, water and road construction projects for Municipal, Public and Private developers across Central Ontario
- Company has a strong employee culture with many key staff employed longer than 10 years
- Company uses latest technologies in GPS surveying & machine control and latest software for estimation , costing & project management
- Staff of 30 FT employees (25 Unionized and 5 non-union Management) provides a substantial depth of talent that enables company to deliver exceptional service and value to clients
- As per seller, huge potential to grow by leveraging the current brand and hiring more project managers; business typically turns down $8M to $10M in projects yearly
- Seller is looking to retire; however, he is willing to stay for a reasonable period in a similar capacity or as a consultant
- Email Us : [email protected]
