Certified Disaster Restoration & Specialty Services Platform

Industry Overview

Disaster restoration, remediation and specialist labor platform serving commercial clients in Eastern Canada. Demand is supported by severe-weather events, outsourced restoration capacity and certification barriers.

Location

Eastern Canada

Business Description

Provides disaster restoration, mould and asbestos remediation, commercial cleaning and certified construction labour. Operations are supported by 24/7 emergency dispatch, specialised equipment and a scalable workforce.

Financial Summary

FY2025E

• Annualized revenue: ~CAD 26.9M
• Revenue is annualized from the first 10 months through October 2025
  

FY2024

• Revenue: CAD 26.81M
• Gross profit: CAD 11.62M
• Gross margin: 43.4%
• Reported EBITDA: CAD 7.45M
• Normalized EBITDA: ~CAD 7.29M
• Normalized EBITDA margin: 27.2%
• Pre-tax income: CAD 7.44M

FY2023

• Revenue: CAD 9.92M
• Gross profit: CAD 2.31M
• Gross margin: 23.3%
• Reported EBITDA: CAD 1.75M
• Normalized EBITDA: ~CAD 1.83M
• Normalized EBITDA margin: 18.5%
• Pre-tax income: CAD 1.72M

FY2022

• Revenue: CAD 7.99M
• Gross profit: CAD 1.60M
• Gross margin: 20.0%
• Reported EBITDA: CAD 1.30M
• Normalized EBITDA: ~CAD 1.26M
• Normalized EBITDA margin: 15.8%
• Pre-tax income: CAD 1.29M

Additional Financial Highlights

• FY2023–FY2024 revenue growth: ~170%
• FY2023 combined debt: ~CAD 35K
• FY2023 cash: ~CAD 1.66M
• FY2023 accounts receivable: ~CAD 2.76M
• Equipment and vehicle fleet owned outright with no equipment financing
• FY2024 benefited from record catastrophe activity and a major one-off stadium project, so buyers should consider the variability of those earnings.

Investment Rationale

Certified workforce, substantial owned equipment fleet, established white-label relationships, rapid-response capability and expansion potential through recurring contracts, equipment rental, geographic growth and certified labour services.

Customer Overview

Primarily large commercial restoration partners, supported by 125+ commercial accounts. Revenue currently includes significant customer concentration.

Transaction Information

Sale of the combined operations via share or asset transaction; strategic partnership structures may also be considered.