Business for Sale Overview:
What recession, a solid performer that has sailed through the past two years with level, consistent, strong earnings. This well-established and profitable business specializes in roofing, exterior siding, soffit, gutter, sales and installations. A long history has positioned the company as the leader in the market place with a very excellent reputation. The company's primary products include vinyl and cedar siding, custom steel and aluminum cladding, Fibre Cement siding (Hardiplank) and Asphalt roofing. With key employees and management in place, this is an excellent company ready to grow. The price of the business excluding working capital but including all fixed assets and goodwill is $2,535,000 with an implied multiple of weighted EBITDA of 3.3 times. The seller is selling the operational balance sheet of the business which includes the normal required working capital of $565,000, which is included in the asking price of the business of $3,100,000. For more information, please contact the Pacific broker Neil Thomson at 250.870.9094 or send an email to neil@pacificmergers.ca.
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.