Asset Rich – Foundation Services Business in Vancouver

Business Overview
Business Growth: Since its inception, the business has experienced remarkable growth, quickly establishing itself as a key player in the industry.
• Services: Business provides foundation services to Residential homes, Multi-family units and commercial projects.

Deal Highlights
• Inclusive Assets & Debt: The purchase price includes Equipment, Tools, and Vehicles valued at approximately over $2.2 million. The buyer will also assume a debt facility of $1.5 million secured against these assets.
Seller Financing: Limited seller financing available for qualified buyer(s).

Financial Snapshot
Robust Revenue: Revenue for 2024 is approximately $4.4 million.
Profitability: Business has generated an average SDE of $221,000 approximately over the past 2 years

Human Resources
Skilled workforce: Employing 7 full-time non-union staff.
Owner Roles: Owner(s) is currently responsible for sales, service management and business development.

Transition & Future

Smooth Handover: Current owner(s) is willing to stay for a reasonable period or potentially a longer-term arrangement to ensure a seamless transition.

Reason for sale: With the owner(s) seeking to focus on other opportunities, the sale represents a unique chance to acquire a rapidly growing business.