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Listed by:

N3 Business Advisors Inc

Very Profitable Residential Remodeling Business For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$1,300,000 (CAD)
Sales Revenue:
$2,200,000 (CAD)
Cash Flow:
$384,000 (CAD)

*North-GTA based 20-Year old Profitable and well-established Residential Remodeling Business for Sale

*Business had revenue of $2.2M and SDE of $384K for YE Dec 2023 and expecting to maintain a growth trajectory for 2024 and 2025

*With 8 FT Employees and 2 FT Contractors including Project Managers and Sales Managers, the company has a well-rounded and experienced team ready to deliver on any project.

*The current owner has built a strong and successful business with years of consistent cash flow and a loyal customer base

*Business provides unparalleled 10 Year warranty, excellent craftsmanship and has built a very strong reputation for high-quality work backed by positive online reviews and customer testimonials

*Business provides Kitchen remodeling, Bathroom Renovation, Installing Modular Dwelling Units and Basement Renovation

*Business has developed an unique operational structure that allows the current owner to run the business with minimal day-to day involvement

*The company uses Cloud Based PM ( Contractor Foreman) software to manage Projects, can be relocated or run virtually and will be a great business for a passive investor

*Ideal for business owners seeking a solid foundation as the business has streamlined processes , low overhead costs and offers a huge potential to grow business by investing in digital marketing, business development and strategic partnerships

*Some Seller Financing can be made available to a qualified buyer

*Seller is looking to retire; however, he is willing to stay for a negotiable period as a consultant

Property Information

Real Estate:

Lease

Location:

Greater Toronto Area

Business Operation

Reasons for selling:

Retirement

Other Information

Financing available:

Some Seller Financing can be made available to a qualified buyer