Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 44621002
Business For Sale
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Fast Growing Fire Protection Business For Sale In Surrey - Ref #22076
$900,000.00 (Cdn)
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Business Location: British Columbia
Postal Code: V1M
Relocatable: No
Business Categories:
Repairs & Maintenance
Contracting Trades
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*Company: Based in Surrey (BC) - well established with 12 years in operation - owner with 25 years experience. *Strong growth in revenues/profitability: Last year (Year-End Dec-2023) revenues were $2.07M and seller’s discretionary earnings (SDE) approximately $360K. The forecast for YE 2024 are for revenues to grow to around $3M and SDE to $450K+ *Fast Growing Industry: Company operates in the fast-growing industry of Fire Protection Systems by performing installations, repair and maintenance services for general contractors, commercial and residential clients *Geographical Coverage: Projects and services offered expand from Greater Vancouver and surrounding area, Vancouver Island.
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*Growth Opportunities: Exist by increasing the workforce, undertaking more projects from existing and new clients, expanding out of Greater Vancouver area and by implementing a more aggressive sales/marketing strategy to expand the client base as well by expanding into fire alarm inspection services *Staff: Owner included – company has a non-unionized staff of 18 employees: 11 full-time(FT) and 7 part-time(PT) *Owner’s Role: Overall management of the company, client relationships
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*Marketing: Most of the marketing is done through existing clients and referrals, as well as through advertising to Yellow Pages, local flyers and social media platforms (Facebook, Instagram) *Smooth Transition: Owner is planning to retire, hence looking to sell the business. He is willing to stay on board for a negotiable period of 6-9 months in order to assist with the transition of the business *Assets Included: Vehicles, Equipment, Tools and Inventory (as per seller, valued at $220K)
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INCLUDED, EXCLUDED & OPTIONAL |
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- INCLUDED in the Price - |
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- Check with Seller -
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