Construction Services Business For Sale in Greater Toronto Area, ON (Listing ID: 3592)
Electrical Contracting Business FOR SALE in Toronto
- Very profitable electrical contracting business established for nearly 20 years
- Company has a multi-year track record of profitability, average owner(s) discretionary earnings over past four years (incl. 2023 projection) is approximately $460K.
- Average revenues over past four years (incl. 2023 projection) is approximately $3.3M
- Business has a booked backlog of work of approximately $2M as of December 2022
- Business had a downturn in 2022 due to COVID, however business is back on track in 2023 and projected to make $550k in owner(s) discretionary earnings and $3.9M in revenue as per the Seller
- Business primarily provides electrical services in the commercial, industrial and telecommunication space and has become a market leader in its niche market of data centres, automation, industrial controls etc.
- Benefits from repeat clientele and business relationships developed over many years in business that leads to ongoing revenues
- Business has a unionized staff of 10 FT employees not including the two business owners and one office clerk
- Both owner(s) key role is project management, estimating, overseeing operations, manage client relationships and staff
Greater Toronto Area, ON Construction Services Business For Sale Details
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