- Well Established & Reputable Unique Restoration business in GTA for 40+ years
- Business has built expertise in a specialized niche, with a strong brand that is recognized for quality and reliability
- Business has delivered high-value and critical restoration work on prominent projects
- Current Owner is open to partial ownership or stay in the capacity of a consultant post-acquisition
- Business has a multi-year track record of revenues with average revenue of approximately $2.4M during the last 3 financial years, and revenues in the year-ended December 2023 being approximately $2.7M
- Business has consistently seen average discretionary earnings of approximately $400K over the last 3 years
- Business has shown consistent revenue growth for the past four consecutive years. Furthermore, tenders priced have nearly quadrupled over the last nine years, demonstrating increasing demand for the quality service provided by the business
- Business has already generated approximately $1M of revenue for the first 4 months of the current year in progress with approximately $1.5M of future work on hand. Projected revenues for FY2024 is more than $3M
- Business is on a preferred vendor list of many commercial, institutional, government organizations that lead to repeat work
- Dollar value of Company’s average sale is approximately $200K
- Business price includes assets of approximately $100K
- Business has a non-unionized staff of 8 employees and 1 sub-contractor (excluding owner) inclusive of project managers, and site supervisors, carpenters, painters, and mason workers
- Business owner(s) key role is general management and overseeing operations and managing staff
- Huge opportunity to take the business to next level by leveraging current brand to grow the business & implementing active marketing strategies
- Business operates from a 3,900 Sq Ft Facility
- Current Owner is looking to exit from the business to pursue other interest and potentially relocate but is willing to stay on board for a negotiable period to assist with the transition of the business. Current Owner is open to partial ownership or stay in the capacity of a consultant post-acquisition
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