Very profitable general contracting business for sale, established near Kelowna in British Columbia for over 20 years
Company has a multi-year track record of profitability; average owner(s) discretionary earnings over past four years is approximately $1.05M. Average revenues over past four years is approximately $5.7M
Business has a booked backlog of approximately $1.5M since January, 2023
Business primarily provides general contracting services for the construction of infrastructure facilities
Benefits from long-standing business relationships with owners and engineers over many years of business history that leads to regular ongoing revenue
Diversified client base with no single client leading to majority of business revenue every year
Business has a core staff of 10 F/T and 2 P/T staff not including the business owner
Business price includes approximately $900k of equipment, tools and inventory
The owner’s key role is to oversee operations, project management, estimating, manage client relationships and staff
The owner is looking to retire hence looking to sell the business but is willing to stay in a consulting capacity to assist with the transition of the business