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 and vehicles valued at approximately $2.2 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. Projected revenue for 2024 is approximately $25.5 million
- WIP: Business currently has work in progress of $21.8 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
