Price: $1,157,000

Location: Eastern Ontario

Province: Ontario

Industry: SIC 1742: Plastering, Drywall, Acoustical, and Insulation Work

Description

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.

LISTING DETAILS

Total Sales: $1,575,363

Cash Flow: $252,884

EBITDA: $152,884

Inventory: $71,000

Inventory Included: Yes

Operation

Employees: 10

Location

Real Estate: $1,306,000

Monthly Rent:

Square Footage: 5775

Summary

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.

LISTING BROKER

Jim Nairn

Jim Nairn
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