General Contractor for Sale on Vancouver Island

*Company: Profitable, well-established General Contracting company with 20y+ history and A+ Rating from Better Business Bureau
*Consistent Profitability: Company has a multi-year track record of profitability. The average revenues for last 4 years (Year-End Jan 2023) are around $535K and forecast for Y2024 at around $520K. Seller’s discretionary earnings (SDE) for the last 4 years (Y2019-2023) would average at $235K and similar SDE forecasted for Y2024 as well.
*Revenues: Generated from general contracting services for new or renovation projects of various sizes – as well as excavation services, fencing, decks and horse facilities
*Geographical Coverage: Most of the clients/projects are in South Vancouver Island and Gulf Islands.

*Growth Opportunities: Exist by undertaking more projects through present marketing channels, by implementing a more aggressive marketing to expand the client base and many more to be disclosed further through discussions with the seller
*People: Very knowledgeable owner with vast experience in undertaking challenging projects. Long-term and reliable (15-20) subcontractors covering all the aspects/phases of residential construction trades.
*Owner’s Role: Handle sales, estimates and quotes – Coordinate, manage and supervise the subcontractors on every stage of the ongoing projects/installations. Current owner also performs certain construction works himself.
*Marketing: Marketing is mainly done through website leads, referrals (word-of-mouth) from previous/existing home owners or industry professionals/partners (architects, engineers, etc.) as well as Better Business Bureau leads
*Smooth Transition: Owner is planning to retire, hence looking to sell the business. He is willing to stay on board for a negotiable period (6-12 months) to assist with the transition of the business
*Assets Included: Vehicles, Equipment, Tools and Inventory (as per seller, valued at $120k)
*Financing Flexibility: Seller is open to consider seller financing option for serious and qualified buyers only