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Construction Services Business For Sale in Toronto, ON (Listing ID: 2851)

Construction Services

Retirement - Electrical Contracting Business -GTA

Construction Services Toronto, ON

$750,000 CAD

Independent

* Profitable electrical contracting business established for over 35 years by the current owner

* Company has a multi-year track record of profitability, average owner(s) discretionary earnings over past four years has been around $400K

* Average revenues over past four years has been above $2.2M

* Business is a market leader in electrical service and electrical new construction work in its geographical market and offers a complete set of electrical solutions including installation, service etc.

* Business benefits from repeat clientele and business relationships developed over many years of business history that leads to ongoing revenues

* Almost 30% of revenue is generated via service work and 70% via new construction

* Business is on the preferred vendor list for many school boards, municipalities and commercial property owners

* Business has a non-unionized staff of 9 FT employees excluding the owner

* Business owner(s) key role is to oversee operations, manage client relationship, staff and estimating

* Owner is over the retirement age, hence looking to sell the business but is willing to stay in a consulting capacity to assist with the transition

* Ideal buyer would

Toronto, ON Construction Services Business For Sale Details

Company Name

Retirement - Electrical Contracting Business -GTA

Legal Body

Incorporated

Established In

1990

Gross Revenue

$2,200,000

Annual Earnings

$400,000

Land/Building Included

No

% of Business Selling

100%

Reason for Sale

Retirement

Financing Available

Yes

Buyer does not need to have experience owning & operating a business or franchise.

Buyer needs specific industry experience.

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Annual Return On Equity Calculator

Annual Earnings:

$400,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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