Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 44625001
Business For Sale
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General Contractor On South Vancouver Island - Retirement - Ref #10870
$495,000.00 (Cdn)
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Business Location: British Columbia
Postal Code: V5J
Relocatable: No
Business Categories:
Construction & Renovations
Contracting Trades
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*Company: Profitable, well-established General Contracting company with 20 yr+ history and A+ Rating from Better Business Bureau *Consistent Profitability: Company has a multi-year track record of profitability. The average revenues for last 4 years (Year-End Jan-2023) are around $535K and forecast for Y/E 2024 at around $520K. Seller’s discretionary earnings (SDE) for the last 4 years (Y/E 2019-2023) would average at $235K and similar SDE forecasted for Y/E 2024 as well *Revenues: Generated from general contracting services for new or renovation projects of various sizes – as well as excavation services, fencing, decks and horse facilities
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*Growth Opportunities: Exist by undertaking more projects through present marketing channels, by implementing a more aggressive marketing to expand the client base and many more to be disclosed further through discussions with the seller *People: Very knowledgeable owner with vast experience in undertaking challenging projects. Long-term and reliable (15-20) subcontractors covering all the aspects/phases of residential construction trades
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*Smooth Transition: Owner is planning to retire, hence looking to sell the business. He is willing to stay on board for a negotiable period (6-12 months) to assist with the transition of the business *Assets Included: Vehicles, Equipment, Tools and Inventory (as per seller, valued at $230k) *Financing Flexibility: Seller is open to consider seller financing option for serious and qualified buyers only
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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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