Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 44501001
Business For Sale
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Service Based Plumbing Business - Motivated Retiring Seller - Ref #1653
$1,295,000.00 (Cdn)
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Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
Business Categories:
Construction & Renovations
Contracting Trades
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*Very Profitable, highly rated & well-established Plumbing business in GTA for over 30 years *The owners maintain a semi-absentee work arrangement, typically adhering to a four-day workweek schedule *Business services the residential and commercial sector, with revenues earned from service calls, bathroom renovations & retail part sales *Business has earned many five-star reviews and ratings on third-party websites like Google, etc. *Company has demonstrated a multi-year track record of consistent profitability with average revenue of approximately $2.2M during the last 6 financial years, with average revenues in the last 2 years being approximately $2.4M and discretionary earnings
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*Business revenues decreased during COVID, however, total revenues are close to pre-COVID levels *Business has developed a loyal client base of approximately 12,000 customers. Business benefits from a large repeat clientele and business relationships developed over many years *During the year-ended October 2022, approximately 55% of the revenue was from Service Calls, 35% from bathroom renovations & 10% from retail sales *Business has a diversified client base.
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*Business has a non-unionized staff of 9 employees inclusive of licensed plumbers, gas fitters & a renovation team (excluding owners) and 17 subcontractors *Business owner(s) key role is to oversee operations, estimating, manage staff *Business & showroom operates from a high traffic & visible facility owned by the Seller *Most of current revenues are generated organically through existing client base with minimal marketing.
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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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