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Street Light Service And Maintenance
Location Alberta,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $3428396
Net Profit / Cash Flow $599186
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1998
Number of Employees 20 - 34
Inventory 425000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training The owner will provide sufficient training to allow for a smooth transition.
Reason for Sale The owner would like to retire.
Description VR Business Sales Presents: This highly successful service and maintenance business for sale specializes in maintaining street light standards throughout Alberta and Saskatchewan. This 15 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 $3.4MM in 2012. 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.
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