HIGH-MARGIN WATERPROOFING BUSINESS ON VANCOUVER ISLAND
Service Businesses Companies for Sale
- Primary Category: Other Service Businesses for Sale
This locally owned and operated company has over 20 years of history on Vancouver Island and a strong presence in the community. They offer coatings and sealants for anything from major commercial projects to decks and parkades. Focusing on major commercial clients, this business has a stable history of profitability and continues to grow with the increase in overall development across the Island.
This opportunity is perfect for someone with a reasonable knowledge of the construction industry, or a local company that wants to increase its services. Although this company currently serves the lower Vancouver Island region it can easily be relocated to expand its client base.
Industry Overview
The specialty trade contractors industry, particularly in waterproofing and sealants, has seen steady growth, driven by increasing construction activities and the need for maintenance of existing structures. According to industry analyses, the demand for environmentally friendly and efficient solutions is on the rise, positioning businesses like this favourably within the market. The focus on water-based products aligns with industry trends towards sustainable and safer work practices.
Growth & Expansion
The potential for growth is significant, with clear avenues to expand services up island and to tap into the restoration market. Currently, the business operates with capacity constraints, choosing not to pursue additional work. Expansion of the team and operational capabilities could capture unmet demand in both existing and new market segments. Moreover, leveraging marketing strategies and enhancing online presence could attract a broader customer base, facilitating revenue growth.
Reason for Selling
The current owners are seeking retirement and are interested in pursuing other projects. They are committed to a smooth transition and are willing to train the new owner to ensure continuity and success.
Financial Information
- $1,985,000 Asking Price
- On request Gross Revenue
Business Location
- City: Confidential
- State: British Columbia
Detailed information
- Year Established:
- Home Based: No
- Franchise: No
- Relocatable: Yes
- Lender Prequalified: No
- SBA Prequalified: No
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: Yes
- Inventory Value: On request
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: $0
- FF&E Included?: Yes
- FF&E Value: On request
Business Listed by
Pino L. Bacinello
Sunbelt of VictoriaContact Business Broker
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