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Listed by:

N3 Business Advisors Inc

Rapidly Growing Concrete Contracting Business In Eastern BC For Sale

British Columbia, Canada
Asking Price:
$650,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,075,000 (CAD)
Cash Flow:
$319,000 (CAD)

Business Overview

*Activity: Thriving concrete contracting business specializing in various aspects of concrete construction, finishing, restoration and repairs
*Clientele: This business caters to residential, commercial and industrial clients

Deal Highlights

*Inclusive Assets: Purchase price includes Inventory, Equipment and Vehicles valued approximately at $400,000
*Flexible Financing: Limited seller financing, up to 10% available, for qualified buyer(s)

Financial Snapshot

*Robust Revenue: Revenue for 2023 is approximately $1.1 million and as per seller is projected to reach $1.3 million next year
*Strong Earnings: Sellers Discretionary Earnings for 2023 is an impressive $319,000 approximately

Human Resources

*Skilled workforce: Currently, the business employs 4 FT nonunion workers, excluding the Owner
*Owner Roles: The owner is currently responsible for Overseeing operations, Sales and Purchasing

Competitive Strengths

*Organic Growth: Thriving on reputation, the business has flourished with minimal marketing, mainly relying on word of mouth, offering ample growth *opportunities for the new owner
*No Competition: The business enjoys a unique position with very little competition in the area

Transition & Future

*Smooth Handover: Current owner is willing to stay for a reasonable period to ensure a seamless transition
*Ideal Opportunity: This presents an ideal opportunity for those seeking to purchase a successful venture, as the current owner is looking to focus on other opportunities

Property Information

Real Estate:

Lease

Location:

British Columbia

Other Information

Financing available:

Limited seller financing, up to 10% available, for qualified buyer(s)

Furniture / Fixtures value:
$400,000 (CAD) - included in the asking price