Message Number408299
statusActive
Subject LineRetirement - General Contracting Business in GTA
Business area
Canada
Ontario
Greater Toronto area
Toronto
Have/WantHave
Business categoryBusiness Opportunities
Date of ListingJuly 18 2022
Price$348,000.00
Comments- Profitable Commercial General Contracting Business established in Greater Toronto Area for over 30 years

- Average revenue of over $2M in last 5 years. Business has already achieved revenue of over $1.7M in the first four months of the current fiscal year

- Average normalized seller discretionary earnings of approximately $200K in last 5 years

- Company specializes mainly in design-build, new construction, renovations and additions work for commercial and industrial properties in GTA

- Many of its customers are pension funds, institutional property managers, private businesses and commercial landlords

- Clients are sourced primarily by referral and include a significant number of repeat customers, many of whom are highly respected Fortune 500 companies

- Business handles all phases of construction from designing, planning and estimating to final delivery.

- Primary construction activities are performed by well-tested, long-serving subcontractors

- Huge potential to grow business by leveraging the current brand and hiring more estimators and managers

- Business is owned by two partners, who are looking to retire; however, they are willing to stay for up to 6 month period as a consultant to assist with the transition

Financials (CAD)
Sales$2,000,000
Price$348,000
Cash Flow$200,000
Internet Links
Member Identifier11575
NameFrank Wang
TitleSales Representative
Company NameHomelife Landmark Realty Inc. Brokerage
Address Line One7240 Woodbine Ave, Suite 103,
CityMarkham
State/ProvinceOntario
Zip/Postal Code L3R 1A4
CountryCanada
Business Phone Number(905)305-1600
Cell Number4168908616
Email AddressSend Email
Home PageHome Page

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