Residential General Contracting Business - Greater Toronto Area

This is a well-established residential general contracting business operating in the Greater Toronto Area for two decades. The company boasts a strong track record of profitability, with average annual revenues around $940,000 CAD and owner's discretionary earnings of approximately $89,000 CAD over the past three years. As of January 2024, the business has a substantial booked backlog of $400,000. Services primarily focus on the residential sector, including comprehensive renovations, bathroom upgrades, and basement finishing. The business benefits from a diversified client base, over 150 long-standing customer relationships, and a core group of 15 trusted subtrades. Its excellent reputation, supported by 5-star Google reviews, drives significant referral business. The owner's role involves overseeing operations, project management, estimating, and managing client and subtrade relationships. The owner is seeking retirement and is willing to provide consulting support during the transition.