15 years established snow removal and excavation company in the Greater Toronto Area. The company has signed multiple snow removal contracts with the municipal government for up to $8,000,000 in annual value with guaranteed minimums to achieve profitability even in low snow seasons.
The purchase price includes a large amount of heavy equipment owner-estimated at $3M.
The snow removal activity has been very profitable despite the last 2 years low seasons and the company is expecting a huge increase in profitability in the near future. Current year's income from the snow removal activity has increased by over 50% from last year and profits are expected to grow substantially at the end of current snow season.
Asking Price $3,900,000
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