*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 the 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.