Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 34410001
Business For Sale
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Plumbing Business For Sale in Toronto
$2,200,000.00 (Cdn)
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Business Location: South Central Ontario
Postal Code: L4Z
Relocatable: No
Business Categories:
Contracting Trades
Building Materials & Hardware
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- Very Profitable, highly rated & well-established Plumbing business in GTA established for over 30 years
- Business services the residential and commercial clients, with revenues earned from service calls, bathroom renovations & retail part sales
- Business has earned many five-star reviews and ratings on third-party websites like Google, etc.
- Company has a multi-year track record of profitability with average revenue of approximately $2.2M during the last 5 financial years, with revenues in the year-ended October 2022 being approximately $2.5M and discretionary earnings in the year-ended October 2022 being approximately $540K
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- Business revenues decreased during COVID, however, total revenues are close to pre-COVID levels
- Business has developed a loyal client base of approximately 12,000 customers. Business benefits from a large repeat clientele and business relationships developed over many years
- During the year-ended October 2022, approximately 55% of the revenue was from Service Calls, 35% from bathroom renovations & 10% from retail sales.
- Business price includes assets of approximately $310K
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- Business has a non-unionized staff of 9 employees inclusive of licensed plumbers, gas fitters & renovation team (excluding owners) and 17 sub-contractors
- Business owner(s) key role is to oversee operations, estimating, manage staff
- Owners are of retirement age, hence looking to sell the business, but are willing to stay on board for a negotiable period to assist with the transition of the business
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INCLUDED, EXCLUDED & OPTIONAL |
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- INCLUDED in the Price - |
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- Check with Seller -
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DISCLAIMER
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shown in this "Business For Sale" listing. We provide advertising
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authority. The Buyer should contact the Seller directly and verify the
accuracy of all information to his/her own satisfaction.
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