Very Profitable & well-established exterior home renovation business for sale in North Eastern Ontario for
over 53 years
Business is currently running at full capacity and turns away business as the seller is looking to retire. Since 1969 this company has been the brand for siding, decks, windows, roofs and other related products. Seller suggests that they can reintegrate roofing services into their portfolio
Business has been a staple in its trading area for over 53 years, and has built a loyal customer base and an exceptional reputation for quality and service
Company has a multi-year track record of profitability with average revenue of approximately $1.76M during the last 4 financial years, with revenues in the year-ended September 2023 being approximately $1.89M
Business price includes assets of approximately $500K
Business has a non-unionized staff of 13 employees including the manager and the owner
Business may be run successfully under absentee ownership, which can be an advantage for investors seeking a more hands-off approach. This means you can maintain the business without being directly involved in day-to-day operations, providing an opportunity for passive income and scalability
Most of current revenues are generated organically through existing client base with minimal marketing. Huge opportunity to take the business to next level by implementing active marketing strategies, including marketing to existing customers
Owner is of retirement age, hence looking to sell the business
