Profitable GTA based Retail & Food Service General Contracting Business established over 16 Years ago
Revenue of $5.71M and Normalized seller discretionary earnings of $766K in YE Dec 2022
As per seller, YE Dec 2023 revenue and profits are expected to be in line with previous year. As of June 2023, business has about $2M of work on hand
Company offers full range of Construction Services including Design, Project Management and in-house
Custom Millwork shop with an expertise in Retail and Food Service Construction
Company has a reputation for accurate estimates, superior craftsmanship, customization and completing projects on time & in Budget
Clients are sourced primarily by referral and include a significant number of repeat customers, many of whom are highly respected Fortune 500 companies
Company is on the approved vendor list of many of the well-known retail/restaurant brand and the current portfolio includes retail brands in corporate, institutional, hospital and retail environments across Canada
Company has a Staff of 12 FT skilled site-laborer’s, Site Supervisors, Project Managers, skilled millwork professionals and CAD designers that provides a substantial depth of talent; some of the existing talent can be groomed for leadership role during transition
– Huge potential to grow by leveraging the current brand and bidding for larger projects and/or target other verticals
After 16 years in business, seller is looking to semi-retire; however, he is willing to stay for an agreed upon time for a proper transition
