Summary

Status: Sold
Region: Sold
Category: Construction
Description:

Gutter & Soffit Installation business, located in Nanaimo, BC; has a long client list of repeat customers and referrals, and work hard to keep up with the ongoing demand for its services. An industry leader for quality gutter installations, repairs and service, this company has differentiated itself from its competitors and maintains its focus on servicing its established clientele. They have the technical expertise and experience required to service and maintain any size property, private, public, institutional or government. There has been little to no advertising �¢ï¿½ï¿½ word-of-mouth marketing continues to generate new customers. In operation since 1992, this is a turnkey business opportunity with steady income, healthy cash flow and growth potential. Company financials confirm the business to be recession-resilient, as even in a slow economy, existing homes need gutters maintained to prevent a number of other, more costly problems. A team of reliable, loyal installers offer superb workmanship, and the owner has excellent project management systems in place. Annual revenue is in excess of $600,000 and owner/operator profit consistently exceeds $200,000. The owner is retiring and is willing to train and stay on for a negotiable period of time. The asset sale includes equipment, customer & vendor lists, and goodwill.

Broker: Michael Naprawa
Listing ID: VANISBC001-N91
City/Town: Nanaimo

Financials

Asking Price: $430,000
Revenue: $640,000
Net Cash Flow: $232,000
FF&E Asking Price: $80,000

Property

Real Estate Available: No

Operations

Franchise: No
Homebased: No
Relocatable: Yes
Year Acquired: 1992