Municipal Construction Business FOR SALE in Central Ontario

- Very profitable Municipal Contracting Construction Business established over 26 Years ago

- Revenue of $17.4M in YE Dec 2022. As per the Seller YE Dec 2023 revenue and profits are expected to surpass previous year

- Normalized seller discretionary earnings of $1.84M in YE Dec 2022 and four average of $1.5M

- Company is a General Contractor specializing in Municipal Infrastructure, Earthworks & Land Development and Storm water Management

- Company provides personnel, equipment and capital to develop sewer, water and road construction projects for Municipal, Public and Private developers across Central Ontario

- Company has a strong employee culture with many key staff employed longer than 10 years

- Company uses latest technologies in GPS surveying & machine control and latest software for estimation , costing & project management

- Staff of 30 FT employees (25 Unionized and 5 non-union Management) provides a substantial depth of talent that enables company to deliver exceptional service and value to clients

- As per seller, huge potential to grow by leveraging the current brand and hiring more project managers; business typically turns down $8M to $10M in projects yearly