Absentee Owner – Profitable Drywall Contracting

Ontario
Asking Price: $1,593,394 ($2,200,000 CAD)
Business For Sale Details
Listed on Feb 7, 2025(Renewed on Apr 21, 2025)

Established Leadership and Reputation in Residential, Commercial, and Institutional: Established over 15 years ago, this company has cemented itself as a key player within the commercial Drywall service in Southern Ontario, serving a diverse range of clients in the Residential, Commercial, and Institutional markets.

Highly Skilled Workforce and Streamlined Organizational Structure: The business is powered by a professional, skilled team of 15 full-time staff led by VP operations. Additionally, it has access to a network of over 65 highly qualified subcontractors, ensuring efficient project execution and scalability. The streamlined operations and structured team provide a solid foundation for continued success.

Attractive and flexible Deal Structure: The seller might entertain a partial earnout provision for a qualified buyer.

Smooth Transition Supported by Strong Leadership: The business is currently owned by an absentee owner who currently spends only 4 hour/week on average. The transition will be seamless, as the owner’s minimal responsibilities—such as general management and financial overview — are efficiently managed by the existing VP Operations and a capable team. With employees committed to their roles, operational continuity is well-supported.

Standard Operating Procedures and technology: The company has implemented standard operating procedures and technology, creating streamlined operations that enhance both efficiency and profitability.

Outstanding Growth and Profitability: The company’s revenue is $3.6M in 2024 with an SDE of $445k.

Valuable Assets Included: The sale includes over $200K in assets, consisting of approximately $118K in vehicles and $82K in equipment—valuable resources for maintaining current operations and supporting future growth.

Low Competitive Environment and Loyal customer base: The company operates in a service area characterized by minimal competition, which positions it favorably in the market. The company has a loyal customer base due to its excellent service and brand reputation in the market. This environment not only supports stable revenue streams but also offers significant opportunities for growth and expansion into new service offerings and geographic areas.

Significant Expansion Opportunities: Poised for growth, the company has excellent potentia

change currency

Financials (USD)

Asking Price $1,593,394

Cash Flow $322,300

Sales $2,607,372

Converted From CAD

Exchange Rate $0.72

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Yes

Willing to co-broke? No

Principals only? Yes

Management will stay? Yes

Real Estate? No

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

Request Information

Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.

Sign Up

DealStream Awards & Reviews

More Listings Like This
Resources For Entrepreneurs
DealStream Academy