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Established Contracting Company With Great Reputation In Welland For Sale

Welland, Ontario, Canada
Asking Price:
$95,000 (CAD) Inventory / Stock included
Sales Revenue:
$231,000 (CAD)
Cash Flow:
$100K - $250K (CAD)

This contracting business (partnership) was established in 2019 and is based in Welland, Ontario. Both owners came from separate backgrounds, but combined experience enabled us to complete numerous jobs and tasks with a high level of excellence. Our quality of work, combined with the effort made to leave every job site cleaner than we found it, has established a solid reputation within the Niagara Region.

Our projects have included: small to medium concrete pads and concrete repair; retaining walls; shoreline wall and related repairs; excavation and grading; water and sewer lateral replacement (commercial and residential); sump and septic bed installations; egress windows; basement floor cutting for sewer repair; water proofing; and foundation repair.

We are selling the cement mixer (Cart-Away CMT 100), various tools, and inventory. The CMT 100 Mixer has water-on-board capabilities and a Honda engine with low hours. Concrete (wet or dry) can be either hand-loaded or taken to Tow N Go and loaded there. This machine is perfect for small pads, post holes, concrete repairs, including sidewalks, and shoreline wall repairs. Having the ability to add water to the mixer when you are ready to pour gives you a massively flexible scheduling advantage.

The real value is that you would be buying an established company with a great reputation. There are jobs in the book for 2024 already, and many more will follow as you get the phone number, website address, and support. The company is on the preferred list for contracts for both the City of Welland and the federal government.

If you have a 3 or 4 tonne excavator with a float and access to a dump trailer, some concrete experience and/or waterproofing, and sewer/water lateral experience, this is an amazing opportunity to skip the growth period of a new company and hit the ground running.

Property Information

Location:

We are located in Welland and serve the Niagara Region.

Premises Details:

We currently lease the land at a location on Webber Road (Webber and Poth). One of the partners at the business is currently leasing the location for his own use. The potential to negotiate a shared portion of the land is possible. The office for the business has been located at the residence of one of the partners.

Business Operation

Expansion Potential:

The expansion potential of this company is extremely high. If you can employ two experienced working lead hands with two small crews and a person doing full time sales, estimates and project management, you will have more work than you could handle. There will be a massive increase in the sewer lateral business in this region as well. The material they used in the '50's and '60's in this area for sewer laterals is starting to fail at a very high rate.

Competition / Market:

Competition would be any small to medium contractor or construction company in the Niagara Region.

Reasons for selling:

One partner wants to move to another area of Ontario. The other partner has some health issues that are starting to affect performance.

Trading hours:

We have always worked as the weather permits. If you get a week of rain, you naturally have to make up the time lost by working weekends. Office hours were always 9-5 Mon-Fri.

Employees:
0
Years established:
4

Other Information

Support & training:

The amount of time for support and training is completely negotiable based on the final selling price for the company and how you want to be supported. We are a very fair group and and truly want you to succeed so there would never be a finite cut-off date for support and training within reason. We can do job specific training whereby we can teach you to replace water and sewer laterals or whatever expertise we have that will make your new company successful.

Inventory / Stock value:
$2,500 (CAD) - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.