Deal Highlights:
Financial Performance: Consistent revenue generation with a highly profitable margin structure, delivering an average SDE of $340K and an average revenue of $3.5M over the last three years. The current year’s revenue is on track to reach $3.5M, backed by ~$1.5M in secured backlog.
Comprehensive Transition Support: Current ownership is strongly committed to the company’s legacy and is willing to remain in the business for a negotiated period and compensation to guarantee a seamless handover and uninterrupted cash flow.
Business Overview:
Profile: A profitable, award-winning, full-service general contractor in BC. The company has built an impeccable reputation for quality craftsmanship, customer satisfaction, and a highly transparent business model.
Services: Revenue is diversified across residential renovations, commercial tenant improvements, new construction, and recurring property maintenance. The average project yields a highly lucrative $300,000 in revenue.
Experienced Operational Team: Daily operations are executed by a capable, non-union staff. Notably, one of the field team supervisors brings 30+ years of previous general management and ownership experience, ensuring strong on-site execution and quality control.
Repeat Client Base: Maintains a robust roster of regular, repeating accounts including regional health authorities, REITs, property managers, and commercial facilities.
Assets: The business includes approximately $129,000 worth of tools, field equipment, office furniture, IT equipment, and a service vehicle.
Growth Opportunities: Substantial potential exists to scale the business by actively bidding on tendered commercial work and expanding digital marketing beyond its current organic reach.
Reason for Sale: Ownership is planning a future relocation for family reasons but wants to ensure the business thrives under new leadership.
