Okanagan Businesses for Sale
Located in southern British Columbia the Okanagan Valley is one of the warmest regions in all of Canada and is well known for its dry, sunny climate, arid landscape, lakeshore communities and particular lifestyle. It enjoys an abundance of beautiful lakes, orchards, vineyards, skiing, deserts, mountains and valleys and is in fact home to over 200 vineyards (over 2,400 hectares in size). The total size of the area is 20,800 km which is roughly two thirds the size of Belgium. As it contains all the attributes of the "good life" the area receives many visitors for both winter and summer holidays and the safe quiet communities are also very popular with retirees who wish to escape other harsher Canadian climates.
The area is comprised of four major centres, (1) Kelowna (population 110,000) is the largest city in the BC Interior and has a strong association with the orchards and wineries that surround it; (2) Penticton (population 31,000); (3)Vernon (population 33,000) and (4) Osoyoos (population 4,500) which is the prime grape-growing region of BC, with more than 15 estate wineries within a 15 minute drive of the town centre.
Businesses for Sale in the Okanagan
Roofing & Siding Contractors
This well established and profitable business, specializes in roofing, exterior siding, soffit, and gutter, sales and installations. A long history has positioned the company as the leader in the market place with a very excellent reputation. The company's primary products include vinyl siding, steel cladding, aluminum siding, wood siding and soffits & to a large degree Fibre Cement siding (Hardiplank), supported by soffit, fascia, and gutter sales & installations. With key employees and management in place, this is an excellent company ready to grow. The asking price for the business includes $1,261,000 of transferred Working Capital.
Company Business Overview
Industry: Roofing and Siding Contractors
Location: Okanagan Valley, British Columbia
Total Sales: $6,500,000
Furniture, Fixtures & Equipment: $364,694 (included in asking price)
Inventory: $57,583 (included in asking price)
Owner Cash Flow: $800,000
Asking Price: $3,750,000
Roofing & Sheet Metal Contractor Business for Sale
This Independent roofing and sheet metal contractor has a long history in the Okanagan Valley. The company supplies and installs all types of roofing and sheet metal supplies to contractors and home owners. Providing high quality service with extended warranties and guarantees, the company has built a strong reputation for high quality work utilizing skilled and highly trained installers. This highly reputable company relies primarily on word of mouth. A new buyer could reap higher financial rewards with an aggressive marketing campaign and trade show exposure. With key employees and management in place, this is an extraordinary company ready to grow. The price of the business before transferred working capital and inventory but inclusive of all fixed assets and goodwill is $877,600 with an implied multiple of weighted Cash Flow of 2.6 times. Since the seller is selling the operational balance sheet of the business which includes the normal required working capital of $317,000 (this includes inventory), as well as a surplus working capital of $5,000, the total of $322,000 transferred working capital is included in the asking price of $1,200,000.
Company Business Overview
Industry: Construction of Buildings
Location: Okanagan Valley, British Columbia
Total Sales: $2,675,000
Furniture, Fixtures & Equipment: $158,980 (included in asking price)
Inventory: $58,106 (included in asking price)
Owner Cash Flow: $365,000
Asking Price: $1,200,000
Dry Cleaning Service Business for Sale
This profitable business has a long history with a strong reputation in the area. Specializing in on-premises dry-cleaning, wet cleaning, laundry and blind cleaning, the company provides services for customers in the Okanagan including local pickup and delivery. Delivering the highest quality of service with an "on time" motto this business has excellent word of mouth referrals from happy customers. With trained staff willing to stay a new owner could grow the business by implementing a delivery route system and expanding the current pickup and delivery area to nearby communities. The price of the business net of transferred working capital but inclusive of all inventory, fixed assets and goodwill is $222,00 with an implied multiple of weighted Cash Flow of 2.7 times. The seller is selling the operational balance sheet of the business which includes the normal required working capital of $23,000, which is included in the asking price of $245,000.
Company Business Overview
Industry: Dry Cleaning Service Business
Location: Okanagan Valley, British Columbia
Total Sales: $290,000
Furniture, Fixtures & Equipment: $98,240 (included in asking price)
Owner Cash Flow: $90,000
Asking Price: $245,000
Computer and Networking Sales and Services
This computer sales and networking service firm, focuses on small to medium sized businesses and has an excellent reputation in the region. The knowledge and expertise of their sales staff and certified technicians is second to none. The company also does a large volume of product sales to government and educational institutions. With long-standing relationships with major manufactures and several multiyear contracts with large institutions in place, this company is well positioned for continued growth in the future.
Company Business Overview
Industry: Dry Cleaning Service Business
Location: Southern, British Columbia
Total Sales: $6,435,694
Furniture, Fixtures & Equipment: $281,000 (included in asking price)
Inventory: $242,155 (included in asking price)
Owner Cash Flow: $181,336
Asking Price: $1,100,000
Contact one of our Business Brokers if you are interested in buying or selling a business in the Okanagan.
