| Message Number | 409252 | ||||||||
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| status | Active | ||||||||
| Subject Line | Retirement - General Contracting Business in GTA
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| Have/Want | Have | ||||||||
| Business category | Business Opportunities | ||||||||
| Date of Listing | August 29 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 |
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| Internet Links | |||||||||
| Member Identifier | 11575 | ||||||||
| Control | Buyers Broker | ||||||||
| Name | Frank Wang | ||||||||
| Title | Sales Representative | ||||||||
| Company Name | Homelife Landmark Realty Inc. Brokerage | ||||||||
| Address Line One | 7240 Woodbine Ave, Suite 103, | ||||||||
| City | Markham | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | L3R 1A4 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (905)305-1600 | ||||||||
| Cell Number | 4168908616 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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