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Established Profitable Industrial Services Company In Victoria For Sale

Victoria, British Columbia, Canada
Asking Price:
$620,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$600,000 (CAD)
Cash Flow:
$190,000 (CAD)

Entering its 16th year of operations, this business  has built a reputable brand that is valued by its large and growing client list. After selling another business, the owners were looking for a new project and ended up identifying a market need in the Industrial Service and Repair industry category. To meet this need, they invested heavily in the equipment and personnel necessary to provide superior service to a diverse customer base.

Fast forward 16 years and they now have well-established systems and procedures in place, an exciting new website to help the public better understand their service offerings. The business has come through COVID-19 with negligible impact. This opportunity comes complete with an experienced and responsible staff allowing a new owner to focus on some of the market segments not currently serviced. This is an excellent turn-key investment opportunity for an owner/operator who wishes to generate approximately $200,000 in annual income.

It is important to note that the Company was founded with no industry knowledge, just a desire to fill a void in the marketplace. The owners have now achieved their objective of building a business provides a valuable service to business and retail customers alike and are now looking forward to retirement and their next adventure.

For more information, please contact Keith MacKenzie with Chinook Mergers, Acquisitions and Business Brokerage to request more information.

Property Information

Real Estate:

Lease

Lease Terms:

18 months remaining on current with 5 year option.

Leasehold Rent:

$33,000 (CAD) per annum

Location:

Greater Victoria, British Columbia

Premises Details:

Stand alone building with parking

Business Operation

Expansion Potential:

Opportunities to expand geographically or with additional services.

Competition / Market:

Very little competition

Reasons for selling:

Retirement + personal

Trading hours:

Monday to Friday 8:30 to 5:00

Employees:
4 FT
Years established:
15

Other Information

Support & training:

As required

Financing available:

Bank has indicated financing of up to 350k for qualified buyer.

Furniture / Fixtures value:
$350,000 (CAD) - included in the asking price
Inventory / Stock value:
$15,000 (CAD) - included in the asking price
Website:
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