MergerPlace

General Contractor for Sale in Calgary

Alberta


  • Asking Price: $950,000
  • Gross Income: $1,344,940
  • Cash Flow: $617,900
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $5,000
  • Listing ID: #210283
  • Established: 1998
  • Employees: 2 FT / 3 PT

Business Description

The Company is a General Contractor with a trusted reputation built up over the last 20 years. They provide light commercial services in the construction industry to companies that are in the business of Property Management, Shopping Malls, Federal and Provincial Government Contracts, the Health Sector, Airports, Retail and Condominium Management.

The Company's ex-Operations Manager, Project Manager, Current CFO and as well as the Current Owner are available for consulting until the new owner/management is confident.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Alberta

Company Information

Year Established: 1998
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT / 3 PT

Financial Information

Asking Price: $950,000
Gross Revenue: $1,344,940
Cash Flow: $617,900
FF&E: $5,000
Seller Financing Available: No

Property Information

Facilities:

The Company leases only 300 square feet of dedicated office space in a month-to-month shared office facility. Other areas such as the boardroom are shared with other office tenants. The leasing situation offers maximum flexibility to increase office space or move entirely at any time.

Growth & expansion opportunities:

A new Government Canada Construction job was acquired and begun in fiscal 2019. It may last 3 - 4 years and add six figures to the bottom line annually. A Residential Division could be easily added to Operations. The Company has a database of about 500 potential clients while only servicing about 4% of those contacts. Presently there is no Marketing plan in place. Most sales are from repeat customers. With a Marketing plan focused on the client database, the Company's gross sales could reach $3 to 5$ Million in 8 to 12 months.

Competition:

The Company has done an excellent job of positioning itself between the really large companies and the one or two person operations with project gross revenues averaging between $25,000 to $300,000.

Reason for selling:

Taking some time off from working.

Support & Training:

Will train for 4 weeks @ $0 cost. The Company provides a variety of services such as Renovations, Remodeling and Design Build Projects along with earning a good portion revenue from Painting Contracts, Demolition, Electrical and Flooring in Light Commercial Projects.

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Business Listed By:

Steven Fylypchuck

Murphy Business Brokers