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NEW

General Contracting Business For Sale in Northern Ontario

Revenue:

9,300,000

Ref #:

8838

Location:

Northern Ontario

- Very profitable and well-established Commercial General Contracting Business that has been active mainly in Northern Ontario and across Canada for approx. 27 years

- Y/E 2022 Revenue is over $9M

- Normalized seller discretionary earnings of over $1.5M in Y/E 2022

- Business has a backlog of over $5M as of December 2022

- Company specializes in Mining sector, its customers are primarily in Northern Ontario region with special focus on commercial, industrial and mining segments

- Clients are essentially gained through referrals, in addition to a considerable number of repeat customers

- A team driven business with a reputation of quality and professionalism that stands out in every completed project, while meeting and exceeding the quality standards

- As a design and build construction firm, the company is there throughout the entire construction process from concept planning, to design, estimation and execution, up to successful completion and hand-over

- It uses the highest quality material and specialized manpower to ensure on time project delivery with zero defects

- The Company’s highly skilled workforce is the driver of its excellent reputation and success

- It provides great customer service to its clients and has become a go-to general contracting company in its territory

- Average number of staff is approx. 25 with 9 FT; but could reach 60 at peak depending on projects at hand. Employees offer a substantial depth of talent and can run business with low owner involvement

- Huge potential to grow by leveraging the excellent business reputation and hiring more labour and specialized staff such as estimators and project managers

- Seller is looking to retire; however, is willing to stay for up to a 2-year transition period in a similar capacity and as a consultant afterwards

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