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№ 01Buying & Selling a Business · Trades & Construction

Buying or selling a trades & construction business

General contractors, HVAC, electrical, plumbing, roofing, paving, pest control, restoration, waste hauling and equipment rental businesses make up Ontario's trades-and-construction resale family. Nearly every deal here is an asset purchase, and the recurring thread across the whole family is that a WSIB clearance certificate is close to a universal closing condition, while the individual trade licence held by the owner or technicians does not transfer with the company.

№ 01.1Deal Patterns

How trades & construction deals typically run

1

WSIB clearance is close to universal — Whatever the specific trade, a WSIB clearance certificate confirming the business is in good standing is typically expected as a closing condition across this entire family. It's a routine document to request, but confirming it early avoids a late surprise near closing.

2

Trade licences belong to people, not the company — ESA electrical licensing, TSSA gas licensing, plumber certification and exterminator licensing are all held by individuals, not the corporate entity, so the buyer generally needs its own qualified people in place before the business can keep working under permit. This is worth confirming well before closing, since it can genuinely delay a deal if the buyer hasn't lined up qualified staff.

3

Recurring-contract businesses are valued differently than one-off job shops — A pest control route, a landscaping maintenance contract book, or an equipment rental fleet with steady bookings typically draws stronger buyer interest than a business built on one-off project work, because the revenue is more predictable. Contract assignability, whether existing service agreements can move to the new owner, is often the deal's central negotiating point in these cases.

4

Equipment financing shapes diligence — Vehicles and specialized equipment across this family are frequently financed, which makes a PPSA lien search a standard, material part of diligence rather than a formality. Where the equipment is aging or heavily leveraged, that can meaningfully affect deal structure and price.

№ 01.2Business Types

The business types in Trades & Construction

Browse the specific trade and construction business types below for the licensing and equipment details particular to each.

Construction or Trades Business

General contractors, HVAC, electrical, plumbing, roofing; $100K–$3M; mostly asset sales; backlog/WIP valuation and financed equipment are the main diligence items.

Typical deal size$100K–$3M
Typical closing45–90 days
See the Construction or Trades Business deal brief →

Cleaning or Landscaping Business

Commercial cleaning, janitorial and landscaping/property maintenance; $75K–$1.5M; mostly asset sales built around recurring-revenue contracts rather than hard assets.

Typical deal size$75K–$1.5M
Typical closing30–60 days
See the Cleaning or Landscaping Business deal brief →

HVAC Company

Heating, ventilation and air-conditioning installers/servicers; typically $150K–$2.5M; mostly asset sales; recurring maintenance-contract revenue commands a premium over one-off installation work.

Typical deal size$150K–$2.5M
Typical closing45–90 days
See the HVAC Company deal brief →

Electrical Contracting Business

Licensed electrical contracting firms; typically $150K–$2.5M; mostly asset sales; the ESA licensed contractor designation and master electrician of record are the deal's defining constraint.

Typical deal size$150K–$2.5M
Typical closing45–90 days
See the Electrical Contracting Business deal brief →

Plumbing Company

Residential and commercial plumbing contractors; typically $125K–$2M; mostly asset sales; service-contract base and licensed-plumber staffing drive value.

Typical deal size$125K–$2M
Typical closing45–90 days
See the Plumbing Company deal brief →

Roofing Company

Residential and commercial roofing contractors; typically $100K–$2M; mostly asset sales; seasonal WIP/backlog valuation and warranty obligations are the main diligence items.

Typical deal size$100K–$2M
Typical closing45–90 days
See the Roofing Company deal brief →

Paving or Excavation Business

Asphalt paving, excavation and site-servicing contractors; typically $200K–$3M; mostly asset sales given the heavy-equipment intensity; equipment fleet condition and financing dominate diligence.

Typical deal size$200K–$3M
Typical closing45–90 days
See the Paving or Excavation Business deal brief →

Pest Control Company

A recurring-revenue service-route model gives these a higher-multiple, more prized profile than one-off-job contractors; typically $150K–$2M.

Typical deal size$150K–$2M
Typical closing45–90 days
See the Pest Control Company deal brief →

Restoration Company

Insurance-referral relationships and, where applicable, franchise territory-transfer consent are the added legal work on top of a normal trades sale; typically $200K–$3M, often heavily franchised (ServiceMaster/Paul Davis-type territories).

Typical deal size$200K–$3M
Typical closing45–90 days
See the Restoration Company deal brief →

Waste Hauling or Recycling Business

Municipal/provincial waste-hauling licensing plus route-based recurring revenue are the deal specifics; typically $200K–$4M; national roll-ups are actively buying independent Ontario haulers.

Typical deal size$200K–$4M
Typical closing60–120 days
See the Waste Hauling or Recycling Business deal brief →

Equipment or Tool Rental Business

An asset-heavy sale where serial-numbered fleet valuation, not goodwill, usually dominates the purchase-price allocation; typically $200K–$3M, spanning construction, party/event and scaffolding rental yards.

Typical deal size$200K–$3M
Typical closing45–90 days
See the Equipment or Tool Rental Business deal brief →

Typical patterns across Canadian deals — not a quote or advice; every deal is confirmed on its own facts.

№ 01.3Costs & Fees

You'll know the number before we start

No open-ended hourly surprises — the cost is confirmed in writing before any work begins.

Type of workFeeHow it's confirmed
Straightforward purchase or saleStarting from $3,388.87
Our charges · taxes included
Confirmed in writing once we see the agreement.
Larger or more complex dealQuoted to scopeShort call → fixed written quote before any work begins.
Searches, filings & third-party feesAt costItemized on your invoice, not marked up.
Most deals start here

An owner-run business

A single-crew HVAC, plumbing or landscaping business selling to an owner-operator buyer, with straightforward equipment and a WSIB clearance.

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A bit more involved

A larger or more complex deal

A larger contracting or waste-hauling business with a financed equipment fleet, multiple recurring service contracts, and licensing continuity to coordinate before closing.

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Not sure which you are? That's our job to figure out, not yours. As a rough guide, most deals under a couple of million dollars are the first kind — above that, you're usually in Mergers & Acquisitions territory.

№ 01.4Before You Ask

Trades & Construction questions

Does a trade licence transfer with the business when it sells?

Generally, no. Trade licences and certifications, electrical, gas, plumbing, pest control and similar, are held by the individual who earned them, not the company, so the buyer typically needs its own qualified, licensed people in place before continuing that work under the business name.

Why is WSIB clearance mentioned so often in this family?

Because it's close to a standard closing condition across nearly every trade and construction business type. Buyers routinely confirm the business is in good standing with WSIB before completing the purchase, given the sector's exposure to workplace-injury risk.

Is a recurring-contract business worth more than a project-based one?

It's typically viewed more favourably by buyers, since predictable, recurring revenue from service contracts or route-based work is generally seen as lower-risk than one-off project income. Whether existing contracts can actually be assigned to the new owner is usually the more important legal question, though, not just the revenue pattern itself.

What should I check on the equipment before buying a trades business?

A PPSA lien search on vehicles and specialized equipment is standard, since financed equipment is common across this family, along with confirming the actual condition and any outstanding leases. This is typically done alongside, not instead of, reviewing the business's contracts and licensing.

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Ready to begin?

Tell us about your trades & construction deal — we'll point you the right way and confirm the cost in writing before any work begins.

Prefer to talk first? Call 1-844-900-1070 — it’s free.
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