General Contractor for Sale on South Vancouver Island

  • Company: Profitable, well-established General Contracting company with 20y+ 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
    Jan-2023) are around $535K and forecast for Y2024 at around $520K. Seller’s discretionary earnings (SDE) for the last 4 years
    (Y2019-2023) would average at $235K and similar SDE forecasted for Y2024 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/projects are in South Vancouver Island and Gulf Islands.
  • Growth Opportunities: Exist by undertaking more projects through present marketing channels, by implementing a 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 the aspects/phases of residential construction trades.
  • Owner’s Role: Handle sales, estimates and quotes – Coordinate, manage and supervise the subcontractors on every stage of the
    ongoing projects/installations. Current owner also performs certain construction works 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 $120k)
  • Financing Flexibility: Seller is open to consider seller financing option for serious and qualified buyers only