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Buy a Canadian company Listing # 34611001
 
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Municipal Contracting Construction Business For Sale in Central Ontario

$5,800,000.00 (Cdn)

Municipal Contracting Construction Business For Sale in Central Ontario
 
Business Location: South Central Ontario
Postal Code: L4Z
Relocatable: No
 
Business Categories:
Construction & Renovation
Contracting Trades
 

  BUSINESS  FEATURES  
- Very profitable Municipal Contracting Construction Business established over 26 Years ago

- Revenue of $17.4M in YE Dec 2022. As per the Seller YE Dec 2023 revenue and profits are expected to surpass previous year

- Normalized seller discretionary earnings of $1.84M in YE Dec 2022 and four average of $1.5M

- Company is a General Contractor specializing in Municipal Infrastructure, Earthworks & Land Development and Storm water Management

- Company provides personnel, equipment and capital to develop sewer, water and road construction projects for Municipal, Public and Private developers across Central Ontario


FINANCIAL INFORMATION
- Company has a strong employee culture with many key staff employed longer than 10 years

- Company uses latest technologies in GPS surveying & machine control and latest software for estimation , costing & project management

- Staff of 30 FT employees (25 Unionized and 5 non-union Management) provides a substantial depth of talent that enables company to deliver exceptional service and value to clients


MARKET & COMPETITION
- As per seller, huge potential to grow by leveraging the current brand and hiring more project managers; business typically turns down $8M to $10M in projects yearly

- Seller is looking to retire; however, he is willing to stay for a reasonable period in a similar capacity or as a consultant


 INCLUDED, EXCLUDED & OPTIONAL 
 

-  INCLUDED  in  the  Price  -

  
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