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Asking Price$895,000
Revenue$1,185,000 Established1986
Cash Flow$220,000 Employees5 full, 1 part
FF&E$150,000* FranchiseNo
Inventory$125,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Established Profitable Water System Installation Company
Chinook Business Brokers is proud to showcase this outstanding opportunity to purchase an established company on central Vancouver Island. The firm supplies and services water well pumps and water treatment systems for residential, commercial, agricultural and institutional customers. The business dominates the local market and competition is limited as the barriers to entry are high.

Because the company has an experienced management team with a proven track record in this industry, the business works as an investment for an individual or group who are interested in stability and a solid return on investment. Priced at about four times EBITDA, with strong potential for growth and numerous long-term repeat customers, the acquisition provides an excellent return for any investor or owner.

This acquisition target provides an exceptional opportunity for an investor or entrepreneur with proven sales and management abilities. The business has been in continuous operation for 30 years and under its current ownership group has experienced substantial growth in profitability through the adoption of more stringent cost controls. Adjusted Net profit was more than 20% of the reported annual sales of almost 1.2 million in 2016.

The firm is considered an industry leader and their commitment to service has resulted in five consecutive year of revenue growth. The vendor has identified a number of pathways to further increase sales and would be happy to share them with a new owner.

If you are interested in an opportunity to generate a significant, sustainable income though business ownership this business could be right for you. For more information contact Keith MacKenzie kmackenzie@chinookbusinessbrokers.ca for more information.

All price are in Canadian Dollars. Inventory of approximately $150,000 is not included in the purchase price.
Facilities:1400 square foot retail and administrative building with convenient secure covered storage for inventory and stock. Long established location on a major thoroughfare with easy access from both directions. Excellent signage.
Competition:As noted elsewhere in this document, there are high barriers to entry in this industry so competition is limited to firms who have the requisite industry designation. The firm controls the majority of the local market and holds this dominant position by maintaining a reputation for outstanding service from knowledgeable technicians at reasonable prices.
Growth Potential:Excellent opportunity to grow both geographically and through the addition of more products or services.
Training/Support:As required
Sale Reason:Retirement
Ad #94349
Seller Reference #CBB 4119
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