Landscape Construction Company - $900K Annual Profit
Location:
Canada
->
Ontario
->
Mississauga
Industry: Business Services > Construction
Business Summary
This is a leading Landscape construction company for sale, in business for over 25 years. This is an incredibly stable company. Retirement sale. $2.3 million in (current value) heavy equipment is part of the deal, a trained workforce, approx $2 million in secured projects to be taken over by the new owner. Fully bonded.
Excellent financial information available to serious buyers. 70% of the company's business is government tender projects. They also have excellent long-term contracts in place.
2008 revenue - $3.7 million. Past 3 years - average pre-tax profit: $800,000. 2009 pre-tax profitability estimated to exceed $900k and should approach $1 million. An extremely profitable company with a solid operating history. 2009 results to date are extremely strong, exceeding fiscal 2008 performance.
Includes all assets of the company. Approximately $2.3 million (appraised value) of heavy equipment + approx. $2 million in 'work in progress' secured contracts.
This is a share sale but new owner will assume ownership of the business without any debt. Real estate can be purchased separately for $1.5 million.
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
$3,700,000
Cash Flow:
$925,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $2,300,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1980
Number of Employees: 20 - 34
Relocatable: Yes
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Owner willing to stay on for extended period of time.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Business Services > Construction business for sale.
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Print Listing Id: 700112953
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