Foundation and structural repair contractor, BC: first read

Source: Business Finders Canada listing MLS 1569 (share sale), read 2026-10-28. Listing figures are the seller's.

Foundation and structural repair contractor, British Columbia, listed at $699,999 plus inventory valued at $350,000 as a share sale (listing figures). Over 20 years in Western Canada; the largest authorized installer of a helical foundation system in its market, with product and distribution rights; commercial, residential, industrial and infrastructure work; a preferred specialty contractor for several large construction firms. The listing gives annual sales of $1,200,000 in its summary and maintainable revenue of about $1.49 million with maintainable EBITDA of $243,000 in its description; last updated 2026-05-13.

First read: with inventory added the price is about $1,050,000, or 4.3x the stated maintainable EBITDA (2.9x before inventory). At 20% buyer equity, a 15% vendor take-back and a 65% term loan on the full amount, debt service would run about $164,000 a year, which the stated EBITDA covers about 1.5 times, and about 1.04x if it came in 30% lower. Three things carry the risk. The two revenue figures differ by about $290,000, so which year and which basis "maintainable" means is the first question. The distribution rights are a contract with the manufacturer, and a change of control can end or reprice them. And a share sale brings the company’s history: structural work carries long warranty tails, and any claim on a past job comes with the shares.

The three things a buyer should check first

1. Three years of revenue and EBITDA on one basis, tied to the financial statements, and what "maintainable" removes or adds; whether a market wage for the owner is inside the $243,000.
2. The manufacturer agreement behind the distribution and installer rights: term, territory, change of control clause, and the installer qualifications held by the people staying.
3. Warranty terms on completed work, open claims and engineering sign-offs, the WorkSafeBC history that comes with the company, and what $350,000 of inventory is worth at cost and how fast it turns.

A Deal Risk Screen on this listing would rebuild the earnings, score the four risk pillars, set out the price the cash flow supports at a stated coverage, and give the five questions to ask before an LOI. Two sample screens are on the samples section of the home page.

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.