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 Buy a Canadian company Listing # 35006001
 
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Turnkey Restoration Business For Sale In PEI

$1,850,000.00 (Cdn)

Turnkey Restoration Business For Sale In PEI
 
Business Location: P.E.I.
Postal Code: C0B
Relocatable: No
 
Business Categories:
Construction & Renovation
Contracting Trades
 

  BUSINESS  FEATURES  

Comprehensive In-House Capabilities: One-stop solution for diverse construction needs, eliminating the hassle of dealing with multiple contractors.
Insurance Partnership Strength: A trusted partner for insurance companies, specializing in restoration work—making up 50% of the revenue.
Strategically Located: Based in the burgeoning market of Prince Edward Island (PEI), serving both local and regional clients.
Diversified Revenue Streams: New build construction projects account for 30% of the revenue and development projects account for 20% of revenue, offering a balanced portfolio.
Residential Focus: A whopping 80% of business is focused on the residential construction market.

FINANCIAL INFORMATION

Appealing Financials: The business made over $3M in revenue in last 3 years and is expected to grow over 25% this year, SDE for 2022 was over $500K, making it an attractive acquisition opportunity.
ICCRC Licensed: Accreditation from ICCRC ensures adherence to industry best practices and standards.
Stable Recurring Revenue: 50% of the revenue is recurring, offering a predictable and stable income stream.
Manageable Project Sizes: Average job size of $25,000, ideal for quick turnaround.

MARKET & COMPETITION

Asset-Heavy Operation: Comes with $800K worth of essential equipment, minimizing additional capital expenditure for the buyer.
Retirement-Driven Sale: The seller is motivated to transition smoothly and is willing to support the business for up to a year post-acquisition.
Proven Track Record and Skilled Workforce: Established in 2016 with a history of delivering high-quality workmanship. 12 full-time employees known for their craftsmanship and expertise.

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