Details - Information last confirmed on June 2, 2021

Business For Sale: General Contracting / Construction Management

Vancouver, BC

Serving customers throughout the Lower Mainland

Asking Price: $1,950,000

75% guaranteed payment + 25% of payment subject to performance threshold

(of the guaranteed payment portion, the seller is willing to also offer small percentage as seller-financed – subject to experience and creditworthiness of prospective buyer)

Working capital of $275K plus Customer Deposits / Work-in-Progress included in Asking Price.

Great opportunity to acquire a well-established business with an enviable reputation and a loyal customer base.

REVENUE
2021: $14,735,000 pro forma
2020: $14,418,599
2019: $12,430,176
2018: $13,522,313

CASH FLOW
2021: $842,500 pro forma
2020: $588,798
2019: $504,386
2018: $573,290

* 20+ Years in Business
* High-quality projects
* Great staff in place
* Commercial | Institutional | Residential
* Virtually no capital expenditures required
* Long-term repeat customers
* Improving gross margins
* High barriers for new competitors

WORK ON HAND (signed contracts)
$4 Million currently

SALES PIPELINE (contracts tendered)
$10 Million likely
and additional $25 Million tendered

This business is not suitable for absentee ownership. | Owner works full-time on the business.

Serious inquiries only.

Signed NDA required.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.