Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 34904003
Business For Sale
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Road Construction Contracting Business in Southwestern Ontario
$3,500,000.00 (Cdn)
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Business Location: South Central Ontario
Postal Code: L4Z
Relocatable: No
Business Categories:
Construction & Renovation
Contracting Trades
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- 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
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- 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 with approx. purchase value of $4.5M.
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- 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. - 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.
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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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