Construction Business For Sale in Toronto, ON (Listing ID: 2851)
Tagged Keywords
Retirement - Electrical Contracting Business -GTA
* 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 Business For Sale Details
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