Business Overview
- Established commercial services business operating primarily in the construction and municipal sector.
- Provides essential maintenance and cleanup services including: Sweeping (30% of revenue), Flushing (20% of revenue), Vac Truck Services (50% of revenue), which includes flushing, trenching, hydro excavation, and infrastructure repairs.
- Serves over 15 customers with long-term stability—9 clients consistently active.
Financial Highlights
- Consistent Revenue Growth: Averaging approx. $1.46M over the last 3 years.
- Healthy Bottom Line: Impressive Seller’s Discretionary Earnings (SDE) of $460K in 2024.
Human Resources & Assets
- Skilled Professionals: Non-unionized team of 6, comprised of drivers and office staff.
- Owner can be easily replaced with a manager at market salary—business continuity will remain intact.
- Includes Key Equipment: Sale encompasses essential tools, equipment and service trucks, with an Estimated Liquidation Value of $800K
Opportunity and potential
- Acquisition Opportunity: Ideal for buyers looking for a turnkey business with growth potential.
- Recession-Proof Sector: Demonstrated ability to thrive even in economic downturns with repeat municipal work and builder contracts.
- Operational Efficiency: Owner not critical to day-to-day operations, business model ensures easy takeover and continuation.
- Customer Satisfaction Focus: High retention rates indicative of outstanding service quality.
- Scalable Business Model: Opportunities for expansion by adding more builder and municipal clients.
Transition & Future
- Flexible Sale Terms: Open to discussing seller financing under favorable conditions.
- Timely Sale Opportunity: Owner retiring due to personal health reasons.