Business Overview
• Established Legacy: Reputable and profitable Masonry business operating in GTA for more than 25 years
• Primary Operation: Business primarily provides stone and brick laying services in Ontario
Deal Highlights
• Inclusive Assets: Purchase price includes furniture and fixtures, equipment, vehicles and working capital valued at approximately $7.2 million
• Flexible Financing: Limited seller financing available for qualified buyer(s)
Business Snapshot
• Robust Revenue: Revenue for 2023 is approximately $33.6 million with an impressive SDE of $3.1 million. Revenue for 2024 is approximately $25 million
• WIP: Business currently has work in progress of $17 million
• Clientele: Business provides services to Residential, Commercial, Industrial and Institutional clients
• Workforce: Currently employing a large full time unionized workforce, the business maintains a diverse and skilled team that boasts a wealth of collective experience
• Owner Roles: Owner(s) not involved in day to day running of the business and only currently responsible for overseeing operation
Transition & Future
• Smooth Handover: Current owner(s) is looking to retire and willing to stay for a reasonable period to ensure a seamless transition
• Operation Stability: The business has management in place who efficiently handle the day-to-day operations, ensuring continuity and efficiency
