Retiring Owner in GTA – Home Renovation Contractor in Greater Toronto Area, ON
BL-3A450

Retiring Owner in GTA – Home Renovation Contractor

Greater Toronto Area, ON·Construction

Listed by N3 Business AdvisorsVerified broker

Business Overview Long established residential renovation contractor: Roots dating back to the 1940s, specializing in both interior and exterior projects. High-touch service model: Featuring hands-on project management and licensed subcontractors, with a strong on-site presence from inception through completion. Reputation-driven business: Consistent stream of repeat and referral clients, built on exceptional communication, reliability, and quality delivery. Financial Highlights Consistent profitability: Business has always been run profitably with around +40% Gross Margins. Strong revenue performance: Approx. $1.3M in 2024 and $980k in 2025. Seller’s Discretionary Earnings: Nearly $300K in 2025. Human Resources & Assets Team of 6 employees: (4 full-time, 2 part-time): including renovators, a carpenter, and administrative support. Owner actively manages operations: Including scheduling, project coordination, and client/crew communication; an incoming owner should have project management experience in construction. Established subcontractor network: Long-tenured, licensed trades familiar with company standards and expectations. Strengths & Considerations Strong market reputation for quality, communication, attention to detail, and reliability—consistently delivering on commitments. Operational continuity depends on disciplined subcontractors and staff: Maintaining service levels will require a capable project manager post-transition. Transition & Future Opportunity Flexible sale structure: Openness to seller financing under favorable terms. Seller committed to a smooth transition: Willingness to remain involved for a defined period. Reason for sale: Retirement.

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