Location
Metro Vancouver Area, BC.
Business Description
The seller grew this business by providing an excellent client service by providing peace of mind that sewer and water main projects are handled promptly and reliably. Pipe cleaning can be considered both repair and renewal, to reduce extraneous flow, and address structural defects.
Pipe cleaning and sewage systems usually need servicing every 2 to 5 years, depending on the number of people using the system and the volume. All pipe and sewage systems need ongoing and proper operation and maintenance which creates a consistent customer base and recurring revenue base.
Financial Summary
FY 2022:
Revenue - $1,453,000 CAD
EBITDA - $292,000 CAD
FY 2023:
Revenue - $1,536,000 CAD
EBITDA - $364,000 CAD
Forecasted FY 2024:
Revenue - $1,643,000 CAD
EBITDA - $401,000 CAD
Investment Rationale
- 66% average Gross margin across 5 Years (2019-2023).
- Over 35 years on the market providing services.
- Services Provided: video inspection, manhole inspection, cleaning, chemical grouting, pressure testing, smoke testing, lining, PVC re-rounding, hydro excavation.
- Diverse Clientele.
To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.
