
NEW
General Contracting Business For Sale in Sudbury
Revenue:
$7,000,000
Ref #:
3258
Location:
Greater Sudbury Area
- Very profitable general contracting business established in the Sudbury area for over 30 years
- Company has a multi-year track record of profitability; average owners’ discretionary earnings including past two years and current year projections is approximately $990k and average revenue is approximately $8.9M
- Business has a booked backlog of approximately $5M as of April, 2023
- Business primarily provides general contracting services for commercial buildings including new builds, renovations and additions
- Benefits from long-standing business relationships with local owners, architects and engineers over many years of business history that leads to regular ongoing revenue
- Diversified client base with no single client leading to majority of business revenue every year
- Business has exclusive rights to products for a pre-engineered metal building manufacturer (more details to be provided after NDA is signed)
- Business has a core staff of 9 F/T field staff and 2 F/T office staff, not including the business owners
- The owners’ key role is to oversee operations, project management, estimating, manage client relationships and staff
- The owners are looking to retire hence looking to sell the business but is willing to stay in a consulting capacity to assist with the transition of the business