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Listed by:

N3 Business Advisors Inc

Profitable Eavestrough And Siding Business In Southern Ontario For Sale

Southern Ontario, Ontario, Canada
Asking Price:
$800,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$2,022,000 (CAD)
Cash Flow:
$527,000 (CAD)

*Profitable, highly rated & well-established eavestrough, fascia, soffit and siding installation business in Southern Ontario for more than 15 years.

*Business services the residential sector, with revenue earned primarily from installation projects and service calls.

*Business has earned many Homestar awards, in addition to 5-Star testimonials and ratings on third-party websites such as Google.

*Business has built an excellent reputation as the go-to one-stop solution for eavestrough/siding installations and repairs.

*YE Dec. 2022, Business has set record revenue at approx. $2M and SDE at approx. $527K.

*Business has developed a loyal client base of thousands of customers, averaging 250-300 customers per year, over the past 15 years.

*Business benefits from a large repeat clientele and business relationships developed over many years.

*Business has a diversified client base with no single client leading to majority of business revenue every year.

*Business price includes assets and inventory of approximately $100K.

*Business has non-unionized staff of 4 employees (3 F/T & 1 P/T).

*Business owner key role is to oversee operations, estimating and manage staff. Owner spends 40-50 hours a week in the business.

*Business operates from a facility owned by the Seller.

*Most revenue is generated organically through existing client base with little marketing. Large opportunity to take the business to next level by adding staff, introducing complementary services, and implementing active marketing strategies.

*Owner is planning to retire, hence looking to sell the business, but willing to stay on board for a negotiable period to assist with the transition of the business.

*Seller is willing to entertain some seller financing for a qualified buyer.

Property Information

Real Estate:

Lease

Location:

Southern Ontario

Business Operation

Reasons for selling:

Retirement

Other Information

Financing available:

Seller is willing to entertain some seller financing for a qualified buyer.

Furniture / Fixtures value:
$100,000 (CAD) - included in the asking price