* Included in Asking Price
This is an opportunity to acquire a reputable 20-year old landscaping contractor. The business is focused on providing full-service landscaping solutions to commercial clients across the Durham region and Eastern Greater Toronto Area. An excellent safety record has enabled this business to build strong relationships with multiple developers, builders, and government organizations. Consequently, the business is well positioned to win bids without aggressive sales and marketing and regularly secures new projects from returning clients. The business is capable of performing hard and soft landscape. In addition, the business can leverage its industry associations to take on large scale projects which require holistic expertise. Moreover, the business has agile relationships with its suppliers and enjoys favorable purchase terms ensuring strong margins. The business’ average 5-year EBITDA margin is around 20%.
The Canadian commercial construction industry is recovering from a volatile commodity price market. Going forward construction demand is forecast to increase as larger companies opt for Toronto headquarters. In addition, as immigration continues, the Ontario government has launched a $30 billion infrastructure spending plan to develop schools, hospitals and transit facilities – market where this business has built a niche expertise. This will generate strong tailwinds for commercial contractors with experience and record in this type of work in the Greater Toronto Region.
This is a good opportunity for a strategic buyer in the contracting or landscaping business seeking to diversify operations by acquiring a company with a strong safety record and existing relationships with developers and government organizations. Fair Market Value of included assets is over $500,000 and normal amount of working capital is to be included in a share transaction.
Asking Price: $1,195,000
Revenue (2018): $1,855,000
Normalized EBITDA (5 Yr. Avg.): $412,000
Normalized Seller’s Earnings (5 Yr. Avg.): $512,000
|Training/Support:||Will be provided as required|
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.