Established Water Well Pump Sales and Installation

City: Vancouver Island
Full Price: 360000
Down Payment: 360000
Annual Gross Sales: 540000
Adjusted Annual Profit: 145000
Status: Sold

Additional Features:

Chinook Business Brokers is proud to showcase this outstanding opportunity to purchase an established company on lower Vancouver Island. The firm has been in business for more than 32 years supplying, installing and servicing water well pumps and irrigation systems for domestic, commercial and agricultural needs.

The business is offered for sale as a share purchase. Included in the purchase price are more than $100,000 worth of the equipment, tools and inventory necessary to continue to successfully operate the business. In addition, there is a comprehensive customer database containing more than two thousand names. Because of the extensive customer list, the customer base is very diverse, with no one customer contributing more than 10% to the annual revenues of business.

Revenues and profitability are both increasing as the economy on Vancouver Island continues to recover.  The water well pump service and installation industry segment is very stable and continues to grow as developers look to rural properties to increase inventory. The business maintains strong profit margins and has very limited debt.

Over the years, the firm’s commitment to service has resulted in them taking market share from their competitors and they are now considered industry leaders. As with any business, there is competition, but the competitors are few and barriers to entry are high enough to dissuade many potential entrants.

If you are a hands-on individual looking for an opportunity to generate a significant, sustainable income though business ownership this business is right for you. For more information contact Keith MacKenzie for more information.

This is not a BC PNP eligible business.

Do you want more information about this opportunity?

The Seller knows that to sell the business he will have to share information with the Prospective Buyer that otherwise he would prefer kept away from both the public and the other stakeholders such as employees, suppliers or customers. Because of this, we insist that any confidential information is only shared with prospective purchasers who are genuinely interested in procuring a business. To maintain the level of confidentiality necessary to complete a transaction of this nature we require that prospective buyers complete a non-disclosure agreement. By clicking agree below, you, the prospective purchaser, agree not to share anything you learn about the business with anybody other than your lawyer, accountant or other professional advisors; and you also warrant that these people will also be bound by this agreement.

You also agree that you will not approach the business owner, staff or management without the express consent of the Broker. You understand that you, the Prospective Buyer, will be held accountable for any damages to the Seller arising from the disclosure of information to any other party contrary to the agreement.

If you prefer not to complete the webform below, we understand, and ask that you download, complete, sign and forward the completed PDF document to or fax to 888-812-4109 attention Keith MacKenzie.

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