*Company: Profitable, well-established General Contracting company with a 20-year+ history and A+ Rating from Better Business Bureau
*Consistent Profitability: Company has a multi-year track record of profitability. The average revenues for last 4 years (Year-End January 2023) are around $535K and forecast for Y/E 2024 is around $520K. seller’s discretionary earnings (SDE) for the last 4 years (Y/E 2019–2023) would average at $235K, with a similar SDE forecasted for Y/E 2024 as well
*Revenues: Generated from general contracting services for new or renovation projects of various sizes, as well as excavation services, fencing, decks and horse facilities
*Geographical Coverage: Most of the clients and projects are in South Vancouver Island and Gulf Islands
*Growth Opportunities: Exist by undertaking more projects through present marketing channels, by implementing more aggressive marketing to expand the client base and many more to be disclosed further through discussions with the seller
*People: Very knowledgeable owner with vast experience in undertaking challenging projects. Long-term and reliable (15–20) subcontractors covering all aspects and phases of residential construction trades
Owner’s Role: Handle sales, estimates and quotes. He also coordinate, managesand supervises the subcontractors on every stage of the ongoing projects and installations. current owner also performs certain construction work himself
*Marketing: Marketing is mainly done through website leads, referrals (word-of-mouth) from previous/existing home owners or industry professionals/partners (architects, engineers, etc.), as well as Better Business Bureau leads
Smooth Transition: Owner is planning to retire, hence looking to sell the business. He is willing to stay on board for a negotiable period (6–12 months) to assist with the transition of the business
*Assets Included: Vehicles, Equipment, Tools and Inventory (as per seller, valued at $230k)
*Financing Flexibility: Seller is open to considering seller financing option for serious and qualified buyers only
