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General Contracting / Construction Management

Vancouver
Building / Construction
$1,950,000

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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Jason Brice
Business Broker

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