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Home » Businesses For Sale » Landscaping Contractors » Toronto » Listing BFS-175193

Landscape Construction Co. $900,000 Annual Profit

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Location

  • City Toronto
  • Province Ontario
  • CountryCanada

Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Management Will Stay?
  • Willing To Co-Broker?

This is a leading Landscape construction company in business for over 25 years. This is an incredibly stable company. Retirement sale. $2 million in (appraised value) heavy equipment is part of the deal, a trained workforce, over $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 million (appraised value) of heavy equipment + approx. Over $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.

Current owner is willing to stay on for an extended period of time. Either to assist in the transition or to remain as a consultant.

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