Business Overview:
An extraordinary company with decades of history in the Okanagan Valley of British Columbia, Canada, this roofing and sheet metal business is poised for continued success with a new CEO. With key management already in place, this business provides high quality service backed by a rare and highly desirable provincial certification. Its strong reputation for exemplary work completed by its decidedly well trained and skilled staff, all of whom are willing to stay, will offer a new CEO the opportunity to reap higher financial rewards with increased focus on the public sector throughout British Columbia. This business has built a high level of respect and trust through its projects, resulting in a stable and consistent history of profitability. The business enjoys a very balanced and diversified revenue stream, as it is able to engage
in the public, industrial, commercial and residential sectors, while offering warranties on
the work completed. Moreover, along with key management, the current owner is willing to stay and contribute to directing this business towards further growth and success. Anyone looking to buy a good business that's getting better, should take a look at this one. The free cash flow is over $360,000 per year. The price of the business including inventory and all fixed assets and goodwill is $900,000 with a Cash Flow of 2.6 times. Since the seller is selling the operational balance sheet of the business which includes the normal required working capital of $300,000 (this includes $50,000 of inventory), the total asking price is $1,200,000. For further information please contact Neil Thomson at 250-860-9094 or email nthomson@pacificbusinessbrokers.com.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: