Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 44313002
Business For Sale
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Leading Mechanical Company For Sale In National Capital Region - Ref #3825
$12,500,000.00 (Cdn)
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Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
Business Categories:
Construction & Renovations
Contracting Trades
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Revenue : $14,000,000
Asking Price: $12,500,000
Ref: 3825
Location : Ontario - Ottawa Area
Status : NEW*Very profitable Commercial and Condo High-rise Plumbing & HVAC Business established more than 8 years ago, encompassing over 60 years experience in the field *Business offers a complete set of Mechanical services including design-build plumbing process, Sheet metal, Controls & Gas Installation *Business is actively being recruited for construction projects by multiple builders as they have a reputation for delivering high-quality workmanship, know-how and collaborative work
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*As per Seller, year ending June 2024 revenue will be $14M and they expect to do over $17M in 2025 and in 2026 *As per Seller, they have over $45M of signed purchase orders. There are negotiations underway for another $8M to $10M of contracts *Company has a multi-year track record of profitability; As per Seller, Owner(s) discretionary earnings for period ending June 2024 will be $3.5M and June ‘25 and ‘26 will be over $3.9M
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*Business has a staff of 42 employees excluding the owners- 37 Unionized, 5 non-unionized & administrative/management staff *Current owner’s key role is to oversee operations, estimating and managing staff *After being in the trade for over four decades, owner is looking to retire; however, is willing to stay with the business for up to two years after transition
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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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