Very profitable 20-Year-old Southwestern Ontario based Masonry Business
Revenue of $2.6M in YE Mar 2023. As per seller, Revenue and profits expected to be in line with previous years
Normalized seller discretionary earnings approximately around $785K in YE Mar 2023
Company services cater to Design, workmanship and Installation of specialized Masonry business
Over the years the company has built a reputation for exceptional service and repeat business
Company’s customers span Commercial, Industrial and Institutional markets
Company is on the exclusive and pre-qualified list for many school boards that allows for repeat and predictable business
Company is a non- unionized operation with staff of 17 FT with substantial depth of talent. Key employees are capable of running business with low owner involvement
Primary construction activities are performed by trained, well-tested, long-serving employees. The Company’s highly skilled workforce is the driver of its excellent reputation and success
Huge potential to grow by leveraging the current brand, quoting on additional jobs, hiring more trades people and by entering into other geographical markets
After 20 years in business, seller is looking to retire; however, he is willing to stay for up to a 2-year transition period in a similar capacity and as a consultant after 2-year period
