Total of 18656 firms and businesses for sale today Tuesday 16th April 2024
Time to Sell or Time to Buy !

Sold. Street Light Service And Maintenance Business

LISTING DETAILS
Firms For Sale ID:
29440
Vendor reference:
8022-11-51
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
$1,500,000
Furniture, fixtures and fittings included.
Turnover / revenue:
$2,331,787
Net profit / cashflow:
$429,126
Years established:
1998
Number of employees:
30
Business website:

OTHER DETAILS
Reason for selling:
The seller would like to retire.
Financing available:
Negotiable
Support and training:
The owner will provide sufficient training to allow for a smooth transition.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This highly successful service and maintenance business for sale specializes in maintaining street light standards throughout Alberta and Saskatchewan. This 14 year old business has grown and expanded significantly over the years and today provides services such as: street light replacements, painting of streetlights, traffic lights and other utility equipment, maintenance and inspections of streetlights, metal thickness testing, condition survey’s, to cities and utility companies throughout Alberta and Saskatchewan. Business is fully functional and comes with a strong team of management that is willing to stay to assist with transition for a few years. Profitable business with sales growing annually to $2.4MM in 2011. Customers consists of cities and utility companies. Business comes with all of the assets and employees are in place. Unlike most outdoor construction businesses in Alberta, this Business has been operates year round due to demand and amount of work. All books and records are available for review. Business has lots of untapped opportunity since it is not focusing on any commercial business such as light posts in parking lots and commercial/industrial buildings. Business is ideal for a strategic buyer that is currently working on highway maintenance, flagging, or utility maintenance.

THIS BUSINESS IS CURRENTLY UNDER CONTRACT.