Business For Sale

Concrete Resurfacing Company

Greater Toronto Area, Ontario

Asking Price: Annual Revenue:
$1,500,000 $2,300,000

Services: Construction, Contractors

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RE: Concrete Resurfacing Company Broker: Robert Mitchell

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $2,300,000
Net Profit: Not Disclosed
Cash Flow: $430,000
Total Debt: Not Disclosed
FF&E: $190,000
Real Estate: Not Disclosed
Year Established: 1968
Employees: 25
BBN Listing #: 47618349
Broker Reference #: N510

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Business Overview:

This specialized company has been in business for over 50 years. In 2012 alone, they completed over 6000 suites/homes in the GTA. Its principal service is resurfacing of concrete floors in the GTA residential high-rise marketplace. The company also provides high-quality service to industrial and commercial concrete flatwork. Their clientele consists of large GTA residential high-rise builders/developers, large construction managers and large Forming companies. Their customers are 90% from new high-rise, 5% commercial, 4% industrial, and 1% residential.
The company currently does no marketing efforts and reputation brings work to the company. There is an opportunity to significantly increase revenue with a sales person or a sales focus from a new owner. There is currently over 2.0 Million (7 to 8 months work) booked contracts in hand. The company typically has a 68% close ration on submitted quotes. The average job size is $300,000 with $200,000 to $400,000 typical range of job size.
There is a highly skilled and dedicated workforce. The company has proprietary mixes and a strong knowledge of processes with solid equipment. Excellent location in the GTA and the lease is flexible as it is owned by a related company.

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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