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Busy Successful Specialized Construction Business For Sale

Edmonton and Surrounding Area, Alberta, Canada
Asking Price:
$1,250,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,700,000 (CAD)
Cash Flow:
$340,000 (CAD)

18 year old business for sale with established clientele and a good mix of new construction and renovation work. Top Edmonton business for the industry in both size and reputation across both markets. Reputation is key and our focus was to first cultivate a reputation within the labour force as being a great company to work for. Having the right employees that are the face of the business has been our biggest success point driving our growth and reputation over the years.

Owner and Co-Owner (Spouse) are basically half time, as business is being operated by General Manager, Operations Supervisor, and Office Assistant/receptionist, along with sales personnel. Even with new construction as slow as it is, and the Covid 19 threat, the business is operating at full capacity with advertisements out to continue to grow the team. The business is operating with almost no debt as things have been paid off to reduce overhead. Assets would be around $300,000.

The trade that we are in is quite simple, and with minimal staff added,would be quite easy for a new owner to operate even from a distance.

Stats for Revenue and Cash Flow have been averaged over 5 years with the last few years being lower, because of the reduction in new home building. We are still turning decent numbers right now even in a worst case scenario situation. The potential for growth is definitely good as an upswing in housing should begin in another year or so once the pandemic crisis subsides, with many analysts talking about a boom after the crisis. In 2015 the cash flow was more than $450k which is a good indication of the potential.

If interested, please contact us by filling the form given below.

Property Information

Real Estate:

Lease

Lease Terms:

December 31, 2023

Leasehold Rent:

$100,000 (CAD) per annum

Location:

Comfortable leased location in West Edmonton with adequate office and shop space as well as yard for trucks and equipment. 3 years remaining on lease.

Business Operation

Reasons for selling:

Partial retirement and relocation.

Trading hours:

Monday to Friday 8:30 to 4:30

Employees:
15 to 22
Years established:
18

Other Information

Support & training:

Owner willing to remain for up to 6 months to maintain a smooth transition.

Contact Information

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