
NEW
Masonry business for sale in Southwestern Ontario
Revenue:
$2,100,000
Ref #:
4001
Location:
Southwestern Ontario
- Very profitable 20-Year-old Southwestern Ontario based Masonry Business
- Revenue of $2.1 Million in YE Mar 2022. Revenue and profits are expected to surpass previous year
- Normalized seller discretionary earnings approximately $589K in YE Mar 2022
- Business comes with equipment at approximately $600K
- Company services cater to Design, workmanship and Installation of specialized Masonry work
- Over the years the company has built a reputation for exceptional service and repeat business
- Company’s customers span across Commercial, Industrial and Institutional markets
- Company is on the exclusive and pre-qualified list for many school boards that leads to repeat and predictable revenues
- Non-unionized operation with staff of 14 FT employees that has substantial depth of talent. Key employees are capable of running business with low owner involvement
- Primary construction activities are performed by trained, well-tested, long-serving employees. The Company’s highly skilled workforce is the driver of its excellent reputation and success
- Huge potential to grow by leveraging the current brand, quoting on additional jobs, hiring more trades people and by entering into other geographical markets
- After 20 years in business, seller is looking to retire; however, he is willing to stay for up to a 2-year transition period in a similar capacity and as a consultant after 2-year period