Price: $1,157,000
Location: Eastern Ontario
Province: Ontario
Industry: SIC 1742: Plastering, Drywall, Acoustical, and Insulation Work
Having been in operation for more than 12 years, this company has grown to 10 personnel (including the owner), its revenues and profits have increased fairly steadily for the past 5 years as well. Having a strong relationship with local builders, combined with certified and professionally trained staff who take pride in their work, has contributed to the company’s success and reputation.
The newly renovated 5,775sf of space consists of 2 buildings, is centrally located to the clientele, and is only a couple minutes to the 401. This can be purchased with the business for $1,306,000. If you do not wish to own the property, it can be rented from the seller.
If you have experience in or poses knowledge of either construction, mechanical, and/or a technical trade, then you could be successful in this business. If this does not match your skill set, or you do not know of someone who possesses such knowledge and/or skills, that you can hire, then this business is likely not for you.
The current owner is willing to remain with the business after closing, to provide training and transition support if needed. Seller financing might be possible for an approved, qualified buyer. They are also willing to fully exit from this business should a new owner not need his services and is willing to sign a non-competition agreement to facilitate a successful transition. As such, the owner has subsequently engaged Sunbelt Business Brokers Bizcap Brokerage, Sunbelt Kingston, to find a suitable Purchaser and facilitate a seamless transition of ownership.
Total Sales: $1,575,363
Cash Flow: $252,884
EBITDA: $152,884
Inventory: $71,000
Inventory Included: Yes
Employees: 10
Real Estate: $1,306,000
Monthly Rent:
Square Footage: 5775
Reason For Sale: Retirement
Training & Support: If needed
Owner Qualifications: If you have experience in or poses knowledge of either construction, mechanical, and/or a technical trade, then you could be successful in this business. If this does not match your skill set, or you do not know of someone who possesses such knowledge and/or skills, that you can hire, then this business is likely not for you.
Financing/Terms: Possible upon approval from the Seller.