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NEW

Multi Trade Construction Business in Northern Ontario

Revenue:

$13,000,000

Ref #:

6318

Location:

Northern Ontario

- Very profitable 30 Year old Northern Ontario based Multi Trade Construction Business

- Revenue of $12.69M in YE Sep 2022. Revenue and profits expected to surpass previous year

- Business expected to renew contract of approximately $3M in Feb 2023

- Business price includes approximately $2M of Working Capital and $1M of Inventory/Equipment

- Normalized seller discretionary earnings approximately $1.9M in YE Sep 2022

- Company services cater to specialized niche in the construction industry

- Over the years the company has built a reputation for exceptional service and repeat business

- Company’s customers span Commercial, Industrial and Residential markets across Northern Ontario

- Company handles all phases of construction from planning and estimating to final delivery

- Primary construction activities are performed by Licensed, well-tested, long-serving employees. The Company’s highly skilled workforce is the driver of its excellent reputation and success

- Company is a unionized operation with staff of 54 FT employees that provides a substantial depth of talent and are capable of running business with low owner involvement

- 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 30 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

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