DEAL: Thriving HydroVAC company in Ontario for SALE

February 23, 2024
by an intermediary from University of Toronto in Toronto, ON, Canada
High-Earning Hydrovac Business with Strong Industry Presence
ASKING PRICE:
$3,400,000
LOCATION: ONTARIO, CANADA
TYPE OF SALE: Share
REASON FOR SALE: Retirement
TRAINING & SUPPORT: Yes
ABSENTEE OWNER: No
DESCRIPTION:
Operating for over 12 years, this thriving hydrovac business is poised for expansion in the fast growing utility sector. The company has solidified its reputation as the go-to provider for specialized hydrovac services throughout the GTA and beyond. With an impressive track record of loyal customers and a top-notch, long-standing team, the business enjoys a constant stream of referrals. With a flexible home office and a secure leased facility, this opportunity offers a strategic location for seamless operations. This hydrovac business presents infinite growth potential in a fast growing industry, currently operating half a dozen trucks with the capacity for more than double their current fleet. Their diverse service offering which includes daylighting projects, trenching, debris removal, and more ensures consistent demand and profitability. Don't miss the chance to acquire a reputable business in a booming industry, perfect for those entering the field or expanding an existing venture. Join the legacy of success with this hydrovac opportunity. Listing ID: 3595
COMPANY INFORMATION:
YEAR ESTABLISHED: 2011
FRANCHISE: No
SQUARE FOOTAGE: 7,200 sqft
MONTHLY RENT: $2,260 pm (incl TMI) + HST
FINANCIAL INFORMATION:
GROSS REVENUE: $3,328,157
SDE: $547,701
FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate
FFE INCLUDED: Yes
INVENTORY INCLUDED: No