Listing Number: 10152021-875039
Description
Quebec-based company providing underground drainage services in agricultural areas.
The company is highly profitable and enjoys an impeccable reputation. Its drainage equipment is equipped with GPS systems to increase work efficiency. This equipment is regularly maintained.
In business for over 50 years, the company's main customers are farmers on the north shore of the St. Lawrence Valley (Lanaudière, Laurentides, Laval and Mauricie).
An important aspect is the smooth transition that the current management is prepared to offer, lasting between 1 and 3 years. The company wants to ensure knowledge transfer, continuity of performance in operations and provide technical advice specific to agricultural drainage. Their book of work has been full for several years, and sales have only increased.
The buyer can opt to purchase or lease the building under a lease with option to buy. However, for an intelligent real estate investment, the building is in impeccable condition and well anchored in its agricultural environment.
The company offers exciting growth opportunities:
- The rise of organic farming is a potential source of growth
- Growth in investment in land productivity (it is widely recognized that drainage increases crop yields).
- Potential in a new niche (management and use of drainage water).
- Potential in environmental protection (fresh water).
A great opportunity for an entrepreneur who dreams of working in the fields without the investment required to buy farmland.
Listing Details
- Price: $1,925,000
- Down Payment: $300,000
- Sellers Discretionary Earnings: $661,244
- Total Sales: $2,702,278
- Location: Lanaudière, Québec
- Inventory: $80,000
- FF&E: $1,650,000
- Employees: 7
- Year Established: 1971
- Reason for Selling: Retirement
- Category: Agricultural
