- Established and Strong Reputation : The company originated from a larger group established 60 years ago, now primarily serving the province of Ontario while taking on projects in other provinces as needed
- Diverse Clientele: The company caters to a diverse clientele, including restaurants, banks, universities, schools, retail renovations, and new construction projects such as plazas. Several long-term clients have relied on its services for over 30 years, reflecting the company’s commitment to quality and lasting relationships
- Experienced Workforce: The field crew predominantly comprises supervisory personnel, with team sizes fluctuating between 6 to 12 individuals based on seasonal demands and annual variations. The office management team consists of 7 to 9 skilled professionals specializing in estimating, project management, accounting
- Financial Overview : As per seller, the business has consistently outperformed their revenue targets with average revenue for the past 3 years standing at approximately $15 million. The revenue for the year 2023 reached $20.9 million. As per the Seller, projections for the year 2024 indicate revenue estimates ranging from $16 million to $20 million, the average SDE for last 3 years about $969K Approx.
- Assets Included – The Sale includes approximately $588K of assets with the purchase price
- Seller Financing: The business is well-positioned for growth, backed by its strong history and reputation. For the right buyer, the owner maybe open to a VTB to help facilitate the transaction
- Training and Transition: Willingness to provide training and support during the transition period to help the new owner successfully take over the business
- Regulatory Compliance: Adherence to all industry regulations and safety standards, ensuring a strong reputation for compliance and ethical business practices
- Email Us : [email protected]
