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Construction Services Business For Sale in Greater Toronto Area, ON (Listing ID: 3592)

Construction Services
Construction Services

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

$1,300,000 CAD

Greater Toronto Area, ON Construction Services Business For Sale Details


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