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GB100 -Specialist Asphalt Paving Contractor

Asking Price: GBP 344500
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Business Location: Canada » British Columbia » Vancouver, BC, Canada 
Category: Services » Construction
Description:
Specialist Asphalt Paving Contractor

Ref.GB100
Location Vancouver, BC, Canada
Asking Price £ 344,500.Established by the current Owner in the late 1990’s and originally formed in the 1950’s, this business has strong regional roots and provides a very competitive asphalt paving service for a wide range of domestic, commercial, industrial and public sector Clients – for which it has continuously developed and adjusted its service offering to meet the needs of this target sector. Nearly half of the business is by repeat clients without pricing and on a “go ahead then invoice me fairly” basis – on trust alone!

The work this business undertakes is extremely varied including as it does projects for shopping centre’s, industrial plants, hospitals, factories and offices, churches and residential estates. Its range of work, which almost entirely occurs within the Vancouver area of British Columbia covers complete asphalt paving projects, from grading to paving right through from small residential projects to much larger commercial and industrial projects taking in all aspects of asphalt paving with primary focus on the niche small projects it is known for. From small repairs to large projects, this business will find the right price and manage through to project completion.

This business prides itself on offering a prompt, reliable and professional service at a competitive price and receives dozens of calls each day to do so. The company is well respected as an expert throughout the asphalt industry and has an excellent reputation for providing very high standards of workmanship, with Health and Safety issues paramount. Many years of experience, its highly skilled, experienced and qualified staff equipped with full training and knowledge of all the latest construction techniques together with industry standard approved materials ensure the very best end result. Not surprisingly with this very well-established reputation within its locality, a large proportion of work arises from its existing customer base and excellent referrals and recommendations from its satisfied Clients.

This is a profitable and very well managed business. With turnover for the financial year ending December 2007 of £840,000 generating handsome profits available to the Owner of the business of around £175,000, this represents an excellent acquisition opportunity for an exciting relocation to a land attractive living and lifestyle in a City of 1,000,000 that offers access to an exceptional outdoor lifestyle nearby. Excellent hiking, boating, skiing with mountains and outdoor living with a modern, cosmopolitan centre nearby.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 1990
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Reasons for selling:
This is a genuine retirement sale.
Market competition and expansion:
Established for many years, with a loyal, repeat customer base and work consistently stretching months ahead this business operates without any major marketing or advertising initiatives, although it does appear in the major directory. It enjoys by far the most cost effective form of marketing, strong word of mouth recommendation, testimony to the excellent reputation the business has within the industry. The business does not currently have a website and it could be argued that this would enable it to showcase its capabilities to a much wider target audience increasing the number of projects for which it would get an opportunity to tender.
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