Residential general contracting business, established in the Greater Toronto Area for 20 years
Company has a multi-year track record of profitability; average owners’ discretionary earnings including past three years is approximately $89k and average revenue is approximately $940k
Business has a booked backlog of approximately $400,000 as of January, 2024
Business primarily provides general contracting services in the residential sector including whole house renovations, bathrooms and basement finishing
Benefits from long-standing business relationships with over 150 satisfied customers from many years of business history that leads to referrals
Diversified client base with no single client leading to majority of business revenue every year
Business has a core group of 15 subtrades that are used regularly
Business has a strong reputation and gets most of work through referrals based on 5 star Google reviews
The owner’s key role is to oversee operations, project management, estimating, manage client relationships and subtrades
The owner is looking to retire hence looking to sell the business but is willing to stay in a consulting capacity to assist with the transition of the business
