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Listed by:

N3 Business Advisors Inc

Turnkey Restoration Business In Pei For Sale

Prince Edward Island, Canada
Asking Price:
$1,850,000 (CAD)
Sales Revenue:
$3,800,000 (CAD)
Cash Flow:
$500,000 (CAD)

*Comprehensive In-House Capabilities: One-stop solution for diverse construction needs, eliminating the hassle of dealing with multiple contractors.
*Insurance Partnership Strength: A trusted partner for insurance companies, specializing in restoration work—making up 50% of the revenue.
*Strategically Located: Based in the burgeoning market of Prince Edward Island (PEI), serving both local and regional clients.
*Diversified Revenue Streams: New build construction projects account for 30% of the revenue and development projects account for 20% of revenue, offering a balanced portfolio.
*Residential Focus: A whopping 80% of business is focused on the residential construction market.
*Appealing Financials: The business made over $3M in revenue in last 3 years and is expected to grow over 25% this year, SDE for 2022 was over $500K, making it an attractive acquisition opportunity.
*ICCRC Licensed: Accreditation from ICCRC ensures adherence to industry best practices and standards.
*Stable Recurring Revenue: 50% of the revenue is recurring, offering a predictable and stable income stream.
*Manageable Project Sizes: Average job size of $25,000, ideal for quick turnaround and operational efficiency.
*Asset-Heavy Operation: Comes with $800K worth of essential equipment, minimizing additional capital expenditure for the buyer.
*Retirement-Driven Sale: The seller is motivated to transition smoothly and is willing to support the business for up to a year post-acquisition.
*Proven Track Record and Skilled Workforce: Established in 2016 with a history of delivering high-quality workmanship. 12 full-time employees known for their craftsmanship and expertise.
*Turnkey Opportunity: Perfect for those looking to enter the construction market or expand their existing portfolio with minimal setup required.

Property Information

Real Estate:

Lease

Location:

Prince Edward Island

Business Operation

Reasons for selling:

Retirement

Other Information

Furniture / Fixtures value:
$800,000 (CAD)