High-Rise Landscape Construction Platform

The company is a specialized landscaping construction business focusing primarily on hard and soft landscape construction for high-rise condominiums and rental properties. With over 50 years of industry experience, the business has established itself as a respected player in the commercial landscaping sector with strong industry relationships. Despite operating in a mature market environment, the company has maintained growth through established relationships with major developers and a consistent project pipeline. Currently led by the second generation of family ownership, the business maintains a dedication to customer service that has been a cornerstone of its operations since inception. The business operates with a lean team structure consisting of approximately 15-18 core unionized employees, supplemented by access to more skilled labourers when project demands increase. Revenue is predominantly derived from two business segments: new construction contracts for high-rise projects (90%) and project repairs/reinstatements (10%). The company's specific services include soft landscaping, topsoil installation and plant materials and hardscaping (installing, unit paver terraces, walkways, precast & concrete retaining walls), property maintenance, and comprehensive project management. The company has cultivated strong relationships with some of the largest property developers in its operating region. Financial performance shows steady growth, with revenue increasing from approximately $3.8 million in 2019 to a projected $7.1 million in 2025. The normalized EBITDA for 2025 is projected at over $1 million. The business maintains a robust project pipeline extending 2-3 years into the future, providing visibility into near-term revenue streams. The company possesses significant assets, including vehicles, heavy equipment, and specialized construction equipment valued at over $800,000. Additionally, the business owns its office space and shop facilities, which are estimated at a fair market value of $1.6 million. The company has received multiple industry awards for excellence in commercial construction and multi-residential projects, demonstrating its reputation for quality work. Future growth opportunities include strategic expansion into additional verticals (rental properties, luxury landscaping, public development), geographic expansion, equipment investments, and developing long-term contract agreements with large-scale clients. The asking price is for a Share sale and includes a normalized amount of Working Capital (~$300,000), all FF&E (FMV of $850,000), and Real Estate (FMV of ~$1.6mm). The owner to remain with the business for the next 2 years to ensure a smooth transition.