Residential General Contracting Business For Sale

Revenue : $940,000
Asking Price: $250,000
Ref: 5468
Location : Ontario - Greater Toronto Area
Status : NEW

*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