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NEW

Retirement - General Contracting Business in GTA

Revenue:

$1,400,000

Ref #:

6605

Location:

Greater Toronto Area

- Profitable Commercial General Contracting Business established in Greater Toronto Area for over 30 years

- Average revenue of over $2M and average normalized seller discretionary earnings of approximately $200K in last 5 years

- Business has already achieved revenue of over $2.7M and seller discretionary earnings of over $200K in the first 8 months of the current fiscal year

- 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