It has been determined that the owner/seller has met our qualification standards of being an established, profitable, and bankable business. This is the starting point of our SCS system, that has proven to deliver results three times or more industry standards and helps those we work with experience our mission of receiving the highest customer satisfaction ratings in North America. To obtain a thorough overview of this business, hit the CONTACT SELLER button. Once completed, you will receive an automated email from our system that will provide you with a link to complete a Non-Disclosure Agreement (NDA).
Description
If you believe Nova Scotia's population has year of growth ahead, that energy efficiency is a critical decision factor in new home construction, and you have a love for construction and delivering not just a house but a dream, then this will be worth your attention.
We only work with established, profitable, bankable businesses and this is a well established operation with a strong reputation that has chosen only to service so many new builds a year. They have passed on the option of growth to maintain a stable base for ease of management and to maintain a personal lifestyle, even though there is a waiting list of customers wanting them to build for them.
Located in a major commercial hub outside of HRM, this operation is in a great position today after having a few different years through the pandemic with restrictions, supply constraints, and some fixed contracts where costs were escalating. A long history of operations and a few learning opportunities along the way have allowed this business to be well positioned for whatever is to come along, including a new owner.
Staff of + or - 30 full and part time.
The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.
By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions.
Financial Information
Historical Annual Revenues and Seller's Discretionary Earnings:
*Fiscal year-end is December 31.
2024 Projections
Revenue: $485,000
SDE: $330,000
2022
Revenue: $430,000
SDE: $290,000
2021
Revenue: $410,000
SDE: $285,000
2020
Revenue: $395,000
SDE: $230,000
* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
Operations
This incredible waterfront campground sits on 24 acres of land. They offer 1-way, 2-way, and 3-way sites, all of them have water and electricity. Pull-through sites have water, sewer and 30amp.
