Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 35030003
Business For Sale
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Mechanical Contracting Business For Sale In GTA - Ref #3660
$7,400,000.00 (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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Revenue : $14,000,000
Asking Price: $7,400,000
Ref: 3660
Location : Greater Toronto Area* Very profitable & well-established B2B Mechanical Contracting Business in GTA for over 30 years. *Business offers a complete set of mechanical services for commercial and institutional properties and comes with various ongoing revenue streams including plumbing, mechanical, HVAC and other revenue streams sourced through direct-to-client and subcontractor work. *Business has built an excellent reputation for its exceptional service, coordination and project management; in addition to becoming the go-to solution provider for HVAC, Mechanical Contracting and Plumbing services.
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*Business has demonstrated a consistent growth pattern over the last 6 years with revenue for the 10-month trailing period ended October, 2023 being approximately $14M, and average revenues over the last 2 financial years being approximately $10M. *Company has a multi-year track record of profitability with average discretionary earnings over past four years being approximately $1.6M, and discretionary earnings of approximately $2.1M in the last year.
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*As of October 2023, Seller has over $5.3M of work on hand. *Business price includes equipment, vehicles and inventory of approximately $325K. *Business is on the preferred vendor list of many school boards, universities, municipalities and hospitals. * Business has a unionized staff of plumbers, fitters, sheet metal technicians and office employees of approximately 25 people (excluding 3 owners). *Business owner(s) key role is to oversee operations, field staff and estimating. *Owner retiring.
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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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