fbpx

Quality Construction Supplier and Services in New Brunswick

Description

This business provides interior finishing in commercial and residential projects. Whether it's new builds or renovations, this business will supply drywall, steel studs, taping, t-bar and exterior stucco. They have years of experience providing drywall services for residential and commercial projects, and serving customers in the New Brunswick area and the surrounding communities.

 

The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions.

Financial Information

2021
Revenue: $2,670,000
SDE: $370,000

 

2020
Revenue: $2,650,000
SDE: $385,000

 

2019
Revenue: $2,300,000
SDE: $130,000

 

** Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.

 

** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:

 

https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator