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Snow Removal and Excavation Company with Municipal Contracts


Priced $3,900,000 with an estimated annual EBITDA of $1M. This is a long established snow removal and excavation company in the Greater Toronto Area. The company has snow removal contracts with municipal government for up to $8,000,000 in annual value with guaranteed minimums to achieve profitability even in low snow seasons.

The company has a large amount of heavy equipment appraised at $2M included in the price and operates from an industrial property which could be purchased for an additional $2.5M.

The snow removal activity has been very profitable since its inception and is on a growing trend thanks to the very high demographic growth in the geographic location the business is serving.




Background information

Reason selling:

Change. Time off.

Finance

Sales:

$4,800,000

Profits:

$1,500,000

Profit type:

Discretionary Earnings

Operations

Employees:

100

Price and terms terms

Price:

$3,900,000