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Marine Surveying Practice

Financial Information

  • Asking Price: CAD $799,000
  • Gross Revenue: CAD $526,000
  • Cash Flow: CAD $251,000
  • Down Payment: 0
  • FF&E (Not Included): ON REQUEST
  • Inventory: N/A
  • Financing: No

Business Location

  • Confidential
  • British Columbia
Primary Business Category:

Covering the Pacific North West, the business is involved in performing marine surveys, providing consulting, and other related services of commercial vessels, pleasure craft vessels, and marine structures. The company has provided its services to clients as far as Asia, the east coast of North America, and in Africa. The business' clients include individual boat owners, yacht owners, law firms, insurance companies, and governments. The simple efficient business model, stellar reputation, and a 70% repeat and referral clientele makes it a consistently profitable service business enterprise without the need for capital re-investment within the business. This is a desirable, well-recognized, and respected service provider in the industry. The vendor is looking to slow down the involvement of the business in exchange for a semi-retirement lifestyle while being prepared to remain involved in the business to ensure the proper transfer of all relationships and to a lesser extent beyond such transfer. The ideal purchaser could be a synergistic or strategic acquirer, or an individual looking to enter the field with 'built-in' mentoring and guidance. Type of Sale:? Share Sale Inclusions in Asking Price:? Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $72,000 Business Asking Price:? $799,000 Price Justification: - 3-Year Weighted SDE:? 2.34 - Most Recent Year SDE:? 2.33 - Proj. SDE? Multiple Based on Status Quo:? 2.29 - 3-Year Weighted EBITDA:? 3.20 - Most Recent Year EBITDA: 3.19 - Proj. EBITDA? Multiple Based on Status Quo: 3.13 - Weighted = (2018 @ 20%; 2019 @ 75%; and 2020 @ 5%) the reflected asking price


Competition Description

There are only a few qualified competitors.


Growth / Expansion overview

Growth opportunities and expansion potential available in a confidential marketing summary, please contact us for more information.


Support / Training Comments

Vendor will provide an agreed period of training and transition to the new owner.


  • Home Based: Yes
  • Franchise: No
  • Year Acquired: 1985
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: N/A
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Monthly Rent: N/A

Contact Business Broker

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Business Listed by

Sunbelt Vancouver-Lower Mainland

Contact: Pino Bacinello
Office Phone: 604-696-6111
Mobile Phone: (604) 307-3400
Listing ID: VANCOBC002-N510

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