Family Business 3,700,000, calgary

Family Business 3,700,000

Price: Contact

calgary > For Sale > Business > Family Business 3,700,000 (#115411)
User: 31755

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Over the years the owner has hired quality and experienced employees that well versed in all aspects of the operations and with the owner offering 6 months of training, the buyers will have a complete understanding of the day to day operations of this business when they take over possession.

The owner has decided it is time to retire and pass the reins of this financially vibrant company to a new owner.

Excellent opportunity for an experienced buyer who is searching for a legacy business to purchase. This well-established Family Demolition Company has been serving the Central and Southern Alberta marketplace for over 40 years.

Aside from the large list of quality assets that come with this company, is the 40-year-old client database that can be used to mine and further grow the business. Sales: 2018 EST. (3,500,000) 2017 (3,551,000) 2016 (1,815,000) 2015 (3, 500,000) EBITA: 2018 (1,681,000) 2017 (1,324,000) 2016 (927,000) 2015 ( 2,045,000)

Yearly dividends of 150,000 are paid to the owner that are not included in salaries and wages. This company is well structured to take advantage of all tax incentives as well.

If you have not had luck in your search for a well-established company that shows consistent revenues and profits year after year, then this business should be on your must-see list.

The ideal candidate should have a minimum of 1M in cash and have a good understanding of the construction industry. Full financial and confidential information will only be released to qualified parties.

Offered at 3,700,000

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