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Mechanical Contracting Business For Sale In GTA - Ref #3660

$7,400,000.00 (Cdn)

Mechanical Contracting Business For Sale In GTA - Ref #3660
 
Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
 
Business Categories:
Construction & Renovations
Contracting Trades
 

  BUSINESS  FEATURES  

*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

Revenue : $18,000,000
Asking Price: $7,400,000
Ref: 3660
Location : Ontario - Greater Toronto Area


FINANCIAL INFORMATION

*Business has demonstrated a consistent growth pattern over the last 6 years with revenue for the 12-month trailing period ended December, 2023 being approximately $18M, 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


MARKET & COMPETITION

*As of December 2023, Seller has over $9.5M of work on hand

*Business price includes equipment, vehicles and inventory of approximately $325K

*It 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


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