Road Construction Contracting Business

  • A Profitable and very well-established Road Construction Contracting company that has been active mainly in Southwestern Ontario for approx. 21 years.
  • Business services the commercial, industrial, municipal, institutional and residential sectors, with revenues earned primarily from projects.
  • Business has built an excellent reputation for providing superior full-service package to its clients, with high attention to safety, quality work and timely delivery of projects; thus, becoming the go-to solution provider for road construction in its covered territory.
  • 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.
  • The Company’s highly skilled workforce is the dynamic driver of its excellent reputation and success.
  • Company has a multi-year track record of profitability with average revenue exceeding $8M and discretionary earnings approx. $700K during the last 4 financial years.
  • Business has developed a strong relationship with their loyal client base, benefiting from regular repeat business and referrals.
  • Business has a diversified client base with no single client leading to majority of business revenue every year.
  • Business price includes assets and equipment with approx. purchase value of $4.5M.
  • Business has non-unionized staff of 30 FT employees , excluding the owners.
  • Business owners key roles are to oversee operations, sales, estimating, project management and manage staff. Owners spend approx. 50 hours a week in the business.
  • Business operates from an easily accessible leased facility in a commercial location.
  • Most of current revenues are generated organically through existing client base with little marketing.
  • Great opportunity to grow the business further by adding more specialized staff (service, estimating & project management) and implementing active marketing plans.
  • Owners are planning to retire, hence looking to sell the business, but willing to stay on board for a negotiable period to assist with the transition of the business responsibilities.