Commercial Siding and Cladding Business For Sale

Price: $1,200,000

Location: GTA

Industry: Commercial Roofing and Siding

Listing Description

This business is a division of an existing Commercial Roofing business. The parent company has been in business for over 50 years and is selling their commercial siding and cladding division. Revenues have grown significantly in 2018. There is over $3 M in pending jobs that would be transferred to a Buyer. There are 17 employees in the division, including field staff, shop staff, estimators and drafter. The business fabricates and manufactures aluminum panels and ACM panels, and their system is tested to ACM standards. This is an ideal acquisition for an existing roofing/siding business, or a construction business looking to add revenue and staffing.

– Siding Division established in 2000

– over $3 M in pending jobs to be acquired with the business

– engagements throughout Southern Ontario

– fully staffed with field, shop, estimator and drafter

– equipment including vehicles, tools

– fabricate and manufacture aluminum panels and ACM panel

– system tested to ACM standards

– Buyer would move business to their own premises

 

Listing Details

Total Sales: $4,299,960

Cash Flow: $480,000

Accounts Receivable: $3,000,000 (Included in Price)

FFE: $140,000 (Included in Price)

Inventory: $70,000 (Included in Price)

Terms and Conditions?:

- Asset Sale
- $3 M in jobs pending
- Utilize existing space for transitional period, if necessary

Reason For Sale:

Focus on core business

Training & Support:

Seller to provide

Location

Relocatable?: Yes

Summary

Potential Growth:

Fully staffed operation will allow for continued growth