Description:
VR Business Sales Presents: Well-established & profitable commercial snow removal, landscape and property maintenance business. Company services prime commercial clients throughout the Calgary area. Clients include property management companies, national grocery chains, commercial plazas, & industrial parks located in the Calgary area. The company works on annual maintenance contracts & has long-term established relationships with many of its clients providing for a stable and predictable cash flow with little fluctuation. Sales have been growing by an average of over 12% annually for the last 3 years. Annual gross profit after labor and materials cost averages 30% annually. The company has a young fleet of snow removal, and landscaping equipment such as plows, sweepers, blowers, skidsteers and mowers. There are 4 - 8 FT and between 20 - 40 PT seasonal employees depending on the time of the year. Business has a full time management that oversees all operations. Owner is not involved in the day-to-day operations of the business and is considered an absentee owner. Operations are based out of an office and yard space that is presently leased. This business is an ideal acquisition for a new player in the existing market, or a strategic add-on to a company that wants to expand its market share to the lucrative Calgary market.
Asking Price:
CAD $1,050,000.00
Our Ref:
8022-12-05
Terms of Sale:
Unspecified
Revenue (Income):
CAD $2,015,624.00
Net Profit (Cash Flow):
CAD $305,132.00
Time Established:
1996
No. of Employees:
8FT 40PT 7 Managers
Trading Hours:
As required to complete contracts.
Support & Training:
The owner will stay for 3 weeks to allow for a smooth transition.
Owner Financing:
Yes
Finance Available:
Negotiable
Value of Fixtures/Fittings:
CAD $1,000,000.00
Value of Stock/Inventory:
Undisclosed
Website: