Business Description
For Sale is a 32-year-old family-owned and operated Canadian company that rents, installs, and services water treatment equipment for homes, offices, and commercial properties.
This is a growing industry; a significant percentage of households in the area use some water filtration as people are tuning into the fact that tap water is unhealthy in the long term.
The business has 4,000+ clients, growing yearly (none alone make up a significant portion of the revenue). The average clientele is primarily women and families, ranging from 30-55 years old. Clientele is 85% residential, 13% offices, and 2% commercial.
There has been an uptrend of revenue growth with a dip in SDE in 2021 due to the pandemic when no one wanted technicians in their house, which led to temporary layoffs and the closing of the business for a couple of months.
The business has nine staff, five full-time technicians, and four office staff. The owner is confident the staff will stay with the company post-sale. Anyone with basic business acumen can run the business.
*All financials are listed in CAD
| 2019 | 2020 | 2021 | 2022 | 2023 Forecasted | |
| Revenue (CAD | $1,224,335 | $1,345,369 | $1,432,610 | $1,626,369 | $1,765,322 |
| SDE (CAD) | $151,389 | $159,209 | $42,587 | $309,729 | $335,411 |