General Contractor Servicing the Condominium Refurbishment Industry

This is a rare opportunity to acquire an established condominium refurbishment company with significant project expansion opportunities. The company has operated for over 25 years and has completed hundreds of large-scale projects. Key clientele includes some of Canada’s largest property management companies and interior design firms. The company has developed long-standing relationships and created a stream of reliable recurring business. The company provides large-scale interior design refurbishment services for common areas such as corridors, lobbies, and amenity areas. Its competent workforce, client relations, and proven track record sets it apart from the limited competition. Aging condominiums, changes in design, demographic trends and residents’ preferences, as well as gaps in the industry, are increasing demand and providing significant tailwinds for the business. This niche has minimal competition and is insulated from the cyclical nature of the construction industry. This is a tremendous opportunity to acquire a business with a great reputation in the industry, an experienced and highly qualified workforce, as well as a robust pipeline of future projects. The current owner is willing to remain with the company for a number of years to assist with the transition and execute on the growth of the business. The asking price is for a stock/share transaction with a normal amount of working capital on a cash-free, debt-free basis. Normalized EBITDA and Revenue for FYE 2022 are below, with FYE 2023 tracking similarly.

General Contractor Servicing the Condominium Refurbishment Industry

Price: $3,400,000
Location: Greater Toronto Area
Industry: Services and Contracting
Listing ID: BA2023504

This is a rare opportunity to acquire an established condominium refurbishment company with significant project expansion opportunities. The company has operated for over 25 years and has completed hundreds of large-scale projects. Key clientele includes some of Canada’s largest property management companies and interior design firms. The company has developed long-standing relationships and created a stream of reliable recurring business.

The company provides large-scale interior design refurbishment services for common areas such as corridors, lobbies, and amenity areas. Its competent workforce, client relations, and proven track record sets it apart from the limited competition. Aging condominiums, changes in design, demographic trends and residents’ preferences, as well as gaps in the industry, are increasing demand and providing significant tailwinds for the business. This niche has minimal competition and is insulated from the cyclical nature of the construction industry.

This is a tremendous opportunity to acquire a business with a great reputation in the industry, an experienced and highly qualified workforce, as well as a robust pipeline of future projects. The current owner is willing to remain with the company for a number of years to assist with the transition and execute on the growth of the business.

The asking price is for a stock/share transaction with a normal amount of working capital on a cash-free, debt-free basis. Normalized EBITDA and Revenue for FYE 2022 are below, with FYE 2023 tracking similarly.

Revenue: $4,920,000
EBITDA: $900,000
Employees: 8
Sign Our NDA
SIGN NDA
Request More Information

"*" indicates required fields

Name*
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
This field is for validation purposes and should be left unchanged.