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Highly Successful Large Commercial Roofing Business for sale in Okanagan Valley, CAN

Okanagan Valley, CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 1,200,000 $ 2,675,000 $ 365,000

Furniture and Fixtures Value:
$ 158,980 (included in the asking price)

Inventory Value:
$ 58,106 (included in the asking price)

Business Summary:
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.

 

   
Year Business was Established: 1980
   
Owner willing to train: Available.  
   
Reason for selling: Retirement  
   
Seller Reference Number: VANCOBC002-N271
BusinessMart.com Listing Number: 71431
 

 

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For more info contact:

Pino L. Bacinello

Pacific Business Brokers Inc.
604-696-6111

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