This Southern Ontario Contractor is highly successful in the key sectors where it has operated for over 65 years. These include extensive accomplishments over decades in the following sectors: Steel, Energy, Municipal, Mining, Distribution and Manufacturing. This diversification has been vital to its success.
Financial results vary from year to year based upon project bids and completion. The company is listed at a reasonable 3.75X multiple of average annual normalized cash flow (FY2017-FY2020) at $5,250,000 plus real estate valued at $1.5 million and the valuation considers the strength of the vehicle and equipment asset holdings. Listing price is $6,750,000
It is run conservatively without debt and a focus on quality with a highly competent management team. The company retains a broad satisfied customer base and receives many projects through referrals and a network of sub-contractors, suppliers and associations with large mechanical and electrical firms. A good backlog of business exists.