Established Canadian businesses - For Sale by Owner - in Canada
 |
Listing # 54419001
Business For Sale
|
 |
Established Foundation Repair & Waterproofing Contractor
$1,000,000.00 (Cdn)
|
|
Business Location: Alberta
Postal Code: T2C
Relocatable: No
Business Categories:
Construction & Renovation
Contracting Trades
|
Opportunity to acquire a foundation repair specialist contracting company that benefits from a market-leading reputation, 55 year history, deep bench of recurring clients. The Business specializes in foundation repairs, basement waterproofing, foundation settling/underpinning & property expansions for residential & commercial buildings. Growth Opportunities The Business recently secured the exclusive Canadian right to utilize a proprietary injection system engineered in Switzerland. This business segment remains underdeveloped. The Business operates in Southern AB & has the rights to all of B.C. which is an upside for a new owner to grow into one of Canada's most prolific provinces.
|
|
|
Business earned 2.55M in revenue, fiscal year 2024, with 19% profit margin Clean capital stack & an average revenue of 2.33M in the last 4 fiscal yrs. Repeat customers accounted for 30% of yearly revenue Business is part of a broader franchise of 3 offices across the prairies & pays an extremely competitive low-single digit % Business has weatherproofed its material costs over the yrs, establishing relationships with key domestic suppliers to mitigate exposure to currency & tariff impacts.
|
|
|
Calgary constructed 68,000 single family homes. 2025 looks to be a record breaker with 26,000 house starts projected. Current owner estimates 25% of new builds are not constructed adequately, missing proper foundation drainage, which will lead to foundation repairs. This represents a growing pipeline of over 6,500 homes per yr. or 32,500 in 5 yrs. Our services will be required to meet this demand. Housing shortage is increasing renos, foundation expansions & replacements.
|
|
INCLUDED, EXCLUDED & OPTIONAL |
|
|
- INCLUDED in the Price - |
|
- License agreement for Southern Alberta
- License agreement for all of British Columbia
- License agreement - High Pressure Injection System
- Piering agreement - Push Pile System
- Piling agreement - Helical Pile System
|
|
|
|
|
- OPTIONAL & EXTRAS - |
|
|
Current owner is planning for retirement and is prepared to stay on as a consultant to ensure an orderly transition. The new buyer would benefit from a working knowledge of construction operations, but does not require a professional designation. This is a significant opportunity to shift operations from a traditional business towards a blue-chip construction company with more streamlined operations.
|
|
|
|
DISCLAIMER
BusinessSellCanada is not responsible for the accuracy of the information
shown in this "Business For Sale" listing. We provide advertising
space only - we are not business brokers. We do not verify the Seller's
authority. The Buyer should contact the Seller directly and verify the
accuracy of all information to his/her own satisfaction.
|
|
|