Summary

Status: Under Contract
Region: Sold
Category: Construction
Description:

Here is an opportunity to acquire a very low stress specialty commercial service business that has some seasonality, but more important, has consistent work, year after year. This is the only private company in the area providing this specialty service. This well established business has a reputation for excellent service at a reasonable price. With its 2 units (one just recently acquired) this business serves a substantial number of regular customers plus a growing demand for work in new construction. The owner only works 4 -10 hours per week, with an employee operating the equipment for the majority of the contracts. After 8 years in this business, the owner who is over 70 years of age, is ready to retire. The industry has room for expansion into other locations as well. A third unit owned in part by the vendor is also available that is operated part time and generates an additional $100,000 in annual receipts, not included in this company's cash flow. Asking price: $315,000 including two units and FF&E; Gross Revenue is $146,500; SDE is $65,597

For more information on this and other business opportunities, call 250-751-7917 or email nanaimo@sunbeltnetwork.com.

Broker: Michael Naprawa
Listing ID: VANISBC001-N158

Financials

Asking Price: $315,000
Revenue: $146,544
Net Cash Flow: $65,597
Monthly Payroll: $2,058
FF&E Asking Price: $70,000

Property

Real Estate Available: No

Operations

Franchise: No
Homebased: No
Relocatable: No
Year Acquired: 2006
Part-Time Employees: 2
Reason for Sale: vender is wishing to retire