Provider of Business Services

This unique professional services company has been catering to large corporate clients and government bodies across Western Canada for over 20 years. The programs offered support strong employee retention and positive company culture, aligning the clients’ corporate values with deliverable outcomes. Dominant in the health and education sectors, 60% of the client base have been recurring for more than 5 years. The variety of programs, customized online experience and limited competition have enabled this company to remain in demand during the Covid-19 pandemic. After experiencing 17% growth in sales in 2021, the Company is projecting a 70% increase in sales for 2022. Many of the sales for 2022 are under contract. The business currently services clients in BC, AB, SK, MAN.

Based in Southern Alberta, the company operates out of two adjoining commercial bays, 1500 sq. ft. each, both with mezzanine space. These commercial bays are owned outright by a holding company of the current owner. Commercial bays are available for lease, or purchase from owner under a separate cover.

The company has secured additional sales that will result in the increase in revenues from $1.9M in 2021 to $3M+ in 2022. Part of the asking price for this business is an earn-out of approximately $800,000. This value is tied to contracted revenues that are in place from 2022 through 2024 and possibly 2026.

Listing ID: IRR09232021

Asking Price: $1,200,000 + earn out

Why This Business

  • Well-established business
  • Owner willing to stay on for transition
  • Land & Buildings for lease
  • Amazing reputation for high-quality services
  • Serving wide variety of clients throughout Canada
  • Existing, high-quality website

Additional details

Reason for sale: Owner transitioning to retirement
General Information: Owner support/training available, The land and buildings are for sale under a separate cover, please inquire for more information.
Documents Available For Review: Financial Statements, Confidential Business Profile

Listing Details

Operational Summary

Annual Revenue: $1939471
Assets: $95346
Earnings: $266876
Year Established: 2000
FT Employees: 5
Inventory: $99612 *subject to change
Location: Edmonton, AB
Broker: Neil Gerritsen
Contact: Neil Gerritsen 1-403-278-7839

Neil Gerritsen

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Business Listing: IRR09232021