Snow Plowing and Excavation Company for Sale
Snow Plowing and Excavation: Priced $1.5 M. This is a profitable, very high growth company within the GTA area with long term guaranteed Government contracts. The company achieved about $550,000 adjusted EBIDA (including owner salary) for the fiscal year ending in July 2007 with annual sales of $1,3M.
The company enjoys excellent relationships with government agencies and has long term contracts for snow removal and excavation in its market (with guaranteed minimum payments). The company continues to win new contracts and is projected to grow significantly in the next three years. The business has 6 full time employees and about 51 temporary seasonal employees. The sale price includes approximately $900,000 worth of equipment net of debt (owner assessed at market replacement value).