Concrete contractor, South Eastern BC: first read
Source: Sunbelt Network listing VAN03BC002-58667, read 2026-10-26. Listing figures are the seller's.
Concrete contractor, South Eastern BC, listed at $790,000 with reported revenue of $1,056,611 and adjusted EBITDA of $269,762 (listing figures). The business was established in 2018 and reports a mix of about 60% concrete finishing and construction, 30% lifting and remediation, and 10% cutting and coring, with projects across BC and Alberta.
First read: the asking price is 2.9x adjusted EBITDA. At 20% buyer equity, a 15% vendor take-back and a 65% term loan, the cash flow would need to cover about $127,000 a year of debt service. The listed earnings cover that about 1.75 times, comfortably above the 1.25x a lender usually looks for. If the earnings came in 30% lower, coverage would fall to about 1.18x.
The three things a buyer should check first
- What equipment and vehicles the business uses and who owns them. The listing says inventory and equipment are not included.
- What sits in the EBITDA adjustments, and whether the figure carries a market wage for the owner's hours.
- The backlog by project, the top customers and general contractors, and holdbacks on work across two provinces.
The full sample Deal Risk Screen for this listing, with the debt service table and the five questions to ask before an LOI: open the sample (PDF).
This note is general information from public listing figures, not advice on this purchase. Deal Diligence has no connection to the seller, the broker or the business.