Renovations and Construction Company For Sale

Business description

Golden opportunity for someone who wants to get into the construction and/or renovations business. This 25 year very well established Saskatoon company has contracts right now extending through spring, 2008. There is plenty of business available with many repeat customers and many referrals from a large hardware store. Experienced staff, some long term with the Company. Very little marketing needs to be done - right now it is just the name of the business on the side of the company vehicles and an ad in the phone book. Excellent cash flow and bottom line profit to the owner. Business has increased significantly for the past 2 years. Present owner is willing to train Purchaser on the finer points of this business but wants to pursue other business interests in the enxt few months. Mostly residential renovations with some commercial renos and complete home building as well. Leased premises with low lease rate and fenced compound. Vendor will consider financing a portion of the purchase price. Purchaser should be able to recover all of their investment within the first year.
This is a golden opportunity for a new owner who wants to get into the booming construction business. This 25 year company has contracts right now extending well into spring of 2008 and has plenty of business. Excellent cash flows and earnings. Owner willing to train Buyer on the finer points of doing business but wishes to pursue other business interests in the next few months - so don't delay your inquiry. Mostly residential renovations like kitchens and baths, some commercial renovations and complete home building as well.

Property information

Real Estate:

Lease

Lease terms:

Business on a month to month rent arrangement. New lease could be signed by business buyer. Present business has been in current premises for many years.

Location:

Business is located in the light industrial area of Saskatoon, but location is not really a factor in this business.

Other information

Expansion potential:

Business has been growing fast the past 2 years and similar growth is expected to continue for the foreseeable future.

Competition / Market:

Many construction companies but there is more than enough construction and renovation work to go around.

Support & training:

Present owner is quite willing to train new Buyer extensively on the details of running this business. That needs to happen soon as owner will be pursuing other business interests mid 2008.

Reasons for selling:

After 25 successful years in the construction business, owner is ready to make a change.

Trading hours:

8 AM to 5 PM

Financing available:

Seller will consider financing a part of the sale price under a secured arrangement.

Furniture / Fixtures value:

$85,000

Inventory / Stock value:

$5,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.