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Listed by:

N3 Business Advisors Inc

Established Residential General Contracting In GTA For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$250,000 (CAD)
Sales Revenue:
$940,000 (CAD)
Cash Flow:
$89,000 (CAD)

*Residential general contracting business, established in the Greater Toronto Area for 20 years

*Company has a multi-year track record of profitability; average owners’ discretionary earnings including past three years is approximately $89k and average revenue is approximately $940k

*Business has a booked backlog of approximately $400,000 as of January, 2024

*Business primarily provides general contracting services in the residential sector including whole house renovations, bathrooms and basement finishing

*Benefits from long-standing business relationships with over 150 satisfied customers from many years of business history that leads to referrals

*Diversified client base with no single client leading to majority of business revenue every year

*Business has a core group of 15 subtrades that are used regularly

*Business has a strong reputation and gets most of work through referrals based on 5 star Google reviews

*The owner’s key role is to oversee operations, project management, estimating, manage client relationships and subtrades

*The owner is looking to retire hence looking to sell the business but is willing to stay in a consulting capacity to assist with the transition of the business

Property Information

Real Estate:

Lease

Location:

Greater Toronto Area

Business Operation

Reasons for selling:

Retirement