This business is a very successful specialized commercial construction company located in southern New Brunswick. In over twenty years of operation, the company has developed its specialty while diversifying the types of projects it engages in allowing it to move from one type of project to another as economic conditions warrant. The company has worked on projects throughout the Atlantic Provinces and beyond.
2022 was the company’s most successful year in terms of revenue and profitability. Revenue exceeded $6,000,000. 2022 financial statements are not yet available but the in-house accounting program indicates that the year will surpass 2022"s performance. Projects on the books for 2024 are at record levels.
The present owners may remain with the company if requested for a reasonable transition period, and the well qualified employees are expected to remain after the sale.
The asking price is $2,400,000, and the transaction will be structured as a sale of shares.
The building partially occupied by the company is owned by a company related by common ownership and will be made available to the purchaser at a price to be determined.
- Asking Price:
- $2,400,000 (CAD)
- Sales Revenue:
- Over $5M (CAD)
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Southern New Brunswick
- Premises Details:
-
Building in which business is located may be included at price to be determine
Business Operation
- Expansion Potential:
-
Main market area is Atlantic Provinces. Some projects have been completed in other provinces but more emphasis can be placed on those areas.
- Reasons for selling:
-
Retirement
- Employees:
- 14
- Years established:
- 2003
Other Information
- Relocatable:
- This business can be relocated.