This is a unique business opportunity for those interested in owning and offering top-notch concrete forming services to a diverse range of clients.
The services provided include everything from foundation walls to suspended slabs and all related architectural and structural concrete work. In addition, it is affiliated with some of the most reputable trade unions in the industry, including Local 27 for carpenters and LIUNA Locals 506 and 183 for laborers.
This business offers an opportunity to be a part of a highly respected and successful, profitable, team in the concrete forming industry.
- Asking Price:
- $500,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,314,461 (CAD)
- Cash Flow:
- $250,696 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Renewal - two years term.
- Leasehold Rent:
-
$12,600 (CAD) per annum
- Location:
-
Traffic is good, nearby gas stations, coffee shops, restaurants etc. The office building is a corner building and is highly visible.
- Premises Details:
-
The business operates from a functional office space, well-maintained, and supporting the core operations efficiently. It offers easy access and seamless communication with clients and field crews. There are shared spaces available for use as well, including lounges, board rooms, a kitchen, washrooms, meeting rooms, and a reception.
Business Operation
- Expansion Potential:
-
The construction industry is constantly evolving. New ownership can explore introducing new product lines that cater to current market trends and client requirements. Staying at the forefront of innovation can further enhance this company's competitive edge.
- Competition / Market:
-
An efficient sales process presents a significant competitive advantage in the GTA construction sector. This system ensures client satisfaction, minimizes project delays and positions the business for continued success under new ownership.
- Reasons for selling:
-
Retirement
- Trading hours:
-
9 am to 5 pm Mon – Fri
- Employees:
- 8
- Years established:
- 17
Other Information
- Support & training:
-
Available
- Relocatable:
- This business can be relocated.
