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Specialty Tank and Reservoir Cleaning Business For Sale | Vancouver Island

Nanaimo, BC, CAN
Updated 2 days ago
Established 2013

This is a rare opportunity to acquire an established, highly specialized environmental services business serving Vancouver Island, the Gulf Islands, and surrounding regions. Established in 2013, the company has built a strong position in a niche market focused on water quality improvement, reservoir and tank cleaning, sediment removal, and disinfection services. The business has developed a proprietary, environmentally responsible cleaning process that allows customers to retain approximately 90% of their stored water during cleaning. This provides a safer, more sustainable alternative to traditional cleaning methods. Over the years, this innovative approach has helped save more than 73+ million litres of water and has positioned the company as a recognized leader within its market segment. The company serves a diversified customer base, including residential, commercial, institutional, industrial, and government clients. More than 50% of annual revenue comes from repeat customers, creating predictable cash flow and strong long-term customer relationships. Operations are highly systemized. The current owners have already taken steps to reduce day-to-day involvement by hiring administrative support and utilizing trained contractors to complete field work. This creates an attractive transition opportunity for a buyer who wants to step into a business with existing systems, recurring demand, and room for continued growth. The business benefits from strong profit margins, recurring revenue, proprietary processes, and substantial expansion opportunities. With increasing demand for water quality, infrastructure maintenance, environmental responsibility, and water conservation, the company is well positioned for continued growth across Vancouver Island, the Gulf Islands, and broader British Columbia.

Business Is

Environmental Specialty Cleaning Company

For Sale By

Agent

Listing Id #

7399

Service Area

Vancouver Island, Gulf Islands & Remote BC Locations

Customer Base

Residential, Commercial, Institutional, Government & Industrial

Active Customers

1,313+

Recurring Business

50%+ Annually

Ownership Structure

Corporation

Management Structure

Owner Managed with Administrative Contractor Support

Down Payment Required

Because this is a specialized business, bank financing will likely require a larger equity injection. Buyers should expect a minimum down payment of approximately $250,000.

Reason for Selling

The owner is 80 years old and has loved building and operating this business. After many successful years, he has decided it is time to fully retire.

Financials

Asking Price
$650K
RevenueMost Recent Year
$242K
Earnings (SDE)Last Reported
$129K
Earnings (EBITDA)Last Reported
$14K
Assets ValueIncluded in Asking Price
$72K
Seller Financing
Not available

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