Retirement - Construction Equipment Supply Business

 

Asking Price : $350,000

Revenue: $3,004,918

Owner Operator(s) Discretionary Earning: $194,492

 

  • Very profitable Construction Equipment Supply Business established for more than 20 years, has become available for the first time due to retirement of the current owner

  • Business supplies Outdoor Elevators for High-Rise construction projects across Ontario

  • The business started more than 20 years ago and has been very profitable for the current owner

  • The business has 4 full-time employees and hires seasonal and part-time employees when needed

  • Business operates from an industrial yard that is currently rented. The buyer can sign a new lease with the landlord or relocate the business, if preferred

  • The business is done primarily by word of mouth and hasn’t implemented any marketing efforts like website development, social media etc. Annual revenues for the business can be grown further by implementing a planned marketing program

  • The current owner is involved in day to day running of the business and is willing to provide hands on transition for a few months post closing

  • Ideal buyer for this business would be a hands-on operator with experience working in the Construction Industry