Construction Services Business For Sale in Toronto, ON (Listing ID: 2851)
* 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
Retirement - Electrical Contracting Business -GTA
% of Business Selling
Reason for Sale
Buyer does not need to have experience owning & operating a business or franchise.
Buyer needs specific industry experience.
Buy And Sell A Business assumes no responsibility for the accuracy of any information shown.
Liquid Cash Invested:
Interest on Borrowed Amount: