Close

Choose your country

Or view all businesses for sale

Worldwide

Reference: NP11

ID: MV0429

Leading Asphalt, Road Repair and Road Maintenance In Saskatchewan

Canada

Seasonal business providing road repair and road maintenance to many smaller communities and rural municipalities via chip seal, crack seal and asphalt grinding services.

Reference: NP11

ID: MV0429

Register Interest
Revenue:
$1m
Profitability:
21%

Industry Overview

One of Central Saskatchewan's leading provider of road repair and road maintenance.  Providing chip seal, crack seal and asphalt grinding to its clients. Generally operating from May 1st to October 31st this seasonal business serves many of smaller communities and rural municipalities.

BUSINESS HIGHLIGHTS
  • Strong Cash Flow Generator
  • Excellent Clientele
  • Growth Opportunities
  • Stable history of profitability
  • Trained staff are willing to stay

Location

Occupying 3,200 sq. ft. of building space including 21,000 sq. ft. fenced yard space.

Business Description

Formed in 2005.  The current owner purchased the business in 2014 has substantially grown the revenues and profitability. As the company expanded they owner purchased additional equipment and is continuously upgrading the equipment of the business.

Financial Summary

FYE 2021
  • Revenue - $1,025,142
  • Gross Profit - $680,854
  • EBITDA - $210,317
  • Seller Discretionary Earnings (with salary) - $270,317

Investment Rationale

Potential improvement to the Business as identified by the Seller could be as follows:
  • Few companies provide chip seal service
  • Business has grown while competitors have fallen.
  • More expansion into the construction and highways market
  • Expand operating area and hours of operation

Transaction Information

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

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.