WELCOME TO iBC BUSINESS BROKERS INC.
iBC Business Brokers Inc. specializes in the sale, transfer or merger of businesses, and/or the sale of commercial property. As a Certified Business Intermediaries (CBI), we have attained a level of education exclusive to understanding the intricacy of business valuation, due diligence, and negotiations. Affiliated with International Business Brokers Association (IBBA) , the largest business network worldwide, BC Business Brokers offers confidential service and an elite marketing package through its provincially licensed and regulated brokerage. With connections worldwide, our reach is global, but our real strength is in knowing our local markets. Whether you are interested in selling or buying a business, we encourage you to have a look through our website to discover the types of services and benefits you can expect as a BC Business Brokers client.
Scroll down to see the businesses we have for sale.
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Businesses for Sale
Solid Wood Furniture and Accessories Store For Sale
Summary:
Status: Active
Region: Central East Vancouver Island
Category: Furniture and Accessories Store
Description:
This well-established retail furniture store has been serving the Central Vancouver Island market for over 30 years. It was founded in the early 90’s and operated by its founder until 2017. The current owner immigrated to Canada and has since moved the business to a new prominent location which has very high visible exposure in a well-established high end neighborhood. The space has high end fixtures and is modern (current owner spent in excess of $200,000 in leasehold improvements), and as a result does not require any further capital investment to this space for many years to come. The new owner will benefit of many years of higher net earnings.
The key salesperson has been with the company since 1998 and wishes to remain with the company, making transition to the new owner seemless. The other key employee has years of industry experience and is capable of managing every aspect of the business.
The current owner has kept a very low profile and has invested their time on establishing access to new supply chains that add new dimension of products to the business offerings. These new product lines have just recently been added and have already proven to be sought after by the consumer and have very good margins.
A new owner with industry experience or access to interior designer(s) would add great value to this business. The previous owner used to provide a third-party service in interior design which the current owner does not. There are other avenues to add value including expanding on the product lines already offered. The options for expansion vary dependent on the level of experience and passion of the new owner.
Broker: Michael Naprawa
Listing ID: VANISBC001-N195
Financials:
Asking Price: $360,000
Revenue: $900,000
Net Cash Flow: $90,000 (SDE for small businesses and EBITDA for big businesses)
Gross Cash Flow: $420,000 (Sales revenue less COGS)
Monthly Payroll: $5,300
FF&E Asking Price: $25,500 (Included)
Working Capital: $100,000 (Not Included)
Inventory Asking Price: $180,000 (Not Included)
Property:
Real Estate Available: No
Lease Renewal : Yes
Terms: 5 year
Building Size: 5565 sq. ft.
Rent: $178,000
Seats: NA
Parking: Yes
Premises details: Has a very high visible exposure in a well-established high-end neighborhood. The space has high end fixtures and is modern. Current owner spent in excess of $200,000 in leasedhold improvements.
Operations:
Franchise: No
Homebased: No
Relocatable: Yes
Year Establised: 1991
Year Acquired: 2017
Full-Time Employees: 3
Part-Time Employees: 4
Store Hours: M – Sat 10:00 – 17:30; Sun 11:00 – 16:00
Reason for Sale: Wife’s business. Changing careers
Market Outlook: This industry is strong and is anticipated to remain strong because of demographics.
Expansion Potential: A new owner with industry experience or access to interior designer(s) would add great value to this business. There are other avenues to add value including expanding on the product lines already offered. The options for expansion vary dependent on the level of experience and passion of the new owner.
Competition/Market: This is the only store in the region offering high end solid wood furniture made locally. The other furniture retail stores off different designs […]
Specialized Auto Insurance Service Provider For Sale
Summary:
Status: Active
Region: Vancouver, British Columbia, Canada
Category: Auto Insurance Service Provider
Description:
For the first time on the market, this well-established service provider in the Insurance Industry has proven itself in its niche market as an industry leader. The business services all of British Columbia and can be operated from where the owner desires as most of the work is via telephone or computer.
The company has been very successful in whole due to its standing in the industry. Knowledge is the key factor staying current with processes and auto technology as well as insurance related legislation or changes. The main key clients rely heavily on management expertise and knowledge to provide the best and most cost-effective solutions available while ensuring customer service is being exceeded.
Buyers will need to have a background in insurance related matters, collision repair and refinishing, modern vehicle design and OEM specifications as well have a good understanding of Insurance clients and ICBC policy relating to the BC Insurance Motor Vehicle Act. Being personable and having a solid understanding of the business processes of insurance and collision repair facilities including workflow is important also.
There is little seasonality other than higher volumes during the winter months. There are no current office hours, but communication is typically maintained Monday – Friday 9 am to 5 pm.
This business under current management grosses in the $200K – $300K range, with net margins to the owner in the 50%+ range – there are few expenses. There is room for growth as this company has been run as a lifestyle business.
If you have skills and interest in this industry, this may be a solid opportunity for you. The vendor is willing to carry financing for the qualified buyer.
Broker: Michael Naprawa
Listing ID: 3360275
Financials:
Asking Price: $349,000
Sales Revenue: $240,000
Cash Flow: $128,000
Property:
Location: This business is currently located in the lower mainland but was also operated from Vancouver Island. As most work is by telephone and computer, this business could be operated from many locations.
Business Operations:
- Expansion Potential: There are some new opportunities available with Government changes with the PST collection on used vehicle sales. Also, expanding membership in the CCRP and approaching government or opposition parties to assist in refining or refuting ICBC changes as a consultant. This companies client base both public and through law firms could be expanded by advertising and using strategic communications to potential business partners. We also feel that if the Liberal party were to regain power that they will privatize ICBC further expanding opportunities for Private insurers in BC to come back in.
Competition/Market: There is very limited competition in this space. This company is the leader in this industry.
Reason for selling: Retirement
Trading hours: Currently 9 – 5 Monday to Friday but are as flexible as the owner chooses.
Employees: 2
Year established: 2016
Other Information:
- Support & Training: Owner will stay on as […]
Vacation & Corporate Property Rental Management Agency In Vancouver Island For Sale
Summary:
Status: Active
Region: South Vancouver Island
Category: Property Rental Management
Description:
This business serves a global clientele providing services in the local market. This property management company was established 15+ years ago and manages properties for local, national and foreign property owners offering rental management services both short term and long term to clients looking for fully furnished suites for business or pleasure uses.
The business is operated by its owners and extra help is supplemented with contracted service providers as required. The company markets through its own website, plus numerous other public sites. This company has the highest ratings from consumers on public industry websites and associations they are part of for the high quality of service provided and the quality of the units offered. The company‘s mandate is to provide the best service and high quality products, going above and beyond what the competitors offer, often more than is stated in their marketing materials and customers’ expectations. Because of this, the company experiences a high volume of repeat clients, putting customers’ needs first.
Prospective buyers should have some background in basic accounting skills, an understanding of contracts, strong interpersonal skills, and an eye for detail.
The business is seasonal in the aspect of the workload; however, occupancy remains high all year round. Income is affected by the three different rate structures; for the months of July – Sept the rates are the highest (Peak Rental Rates). March – June rates are slightly less (Shoulder Season Rates), and Oct – Feb rates are the lowest (Low Season Rates).
Broker: Michael Naprawa
Listing ID: 3365995
Financials:
Asking Price: $275,000
Sales Revenue: $180,000
Cash Flow: $84,000
Property:
Location: This is a service business located on the southern section of Vancouver Island operated from a home office.
Business Operations:
- Expansion Potential: Because of the housing crisis, some communities are mandating some form of legislation to control the number of short terms rentals. All short-term rentals are supposed to be registered, but studies show many are not, and are even posted on public short term rental sites. The only known threat to this industry are travel bans that negatively affect the industry.
Competition/Market: The competition on the market is deemed normal as there are several types of markets offered. The niche offered by this company are focused on higher end properties.
Growth/Expansion This business would be easy to grow by simply acquiring more rental units. The existing business model and templates would make for an easy expansion. The number of units could easily be doubled if that is the direction the new owners choose. Current ownership never advertised to take on new properties and have maintained the current portfolio through word of mouth.
Reason for selling: Semi-retirement
Trading hours: On call 8 am – 8 pm Monday to Sunday
Employees: 1FT, 1PT
Year established: 2005
Make Furniture? Acquire proven products for million dollar boost in sales
A fortunate furniture manufacturer will score a quick and inexpensive boost to business by taking advantage of this company restructuring. Available are four lines of well-established home furnishings, complete with distribution channels. Compared to the time and cost of developing new products, this is a rare chance to pick up a showroom ready solution: an array of proven products with a developed base of retailers and buyers. Based on previous sales, acquiring these new furniture lines will add between $3 and $5 million in annual sales to your manufacturing business. These products are only available due to an unusual combination of circumstances. The furniture lines were originally developed by a manufacturer who was in business for 30 years. Three years ago, that company was purchased by another successful wood manufacturer. The purchaser’s expertise lay in design and production of architectural wood work. The purchaser bought the company primarily for the land and the extensive and well-equipped manufacturing plant. The new owner continued to produce all the furniture lines in order to maintain employment and the value of the product while also renovating to adapt the manufacturing plan for architectural wood work. Those renovations are now complete, so the plant will be used to manufacture architectural components going forward. Now available are all four established brands of furniture, each with its own image-rich website. These products are completely developed with established sources for materials, manufacturing processes, and up to 30 retailers in western Canada and the U.S. Acquiring these product lines is like getting thousands of hours of research and development. It could push a small manufacturing company to the next level, allow a B.C.-based company the impetus to expand across Canada, or give a U.S. company a solid entry to the Canadian market.
Well Established Lucrative Manufacturing Business For Sale
The success of this highly regarded manufacturing business lies in innovative design and development of niche products to serve specific industry needs underlie the success of this highly regarded manufacturing business. This company became an industry leader in the 1990s, thanks to these customized and specialized products. Exceptional product performance and innovative design techniques fostered demand. The company now serves a national customer base, while also retaining a loyal local following. The company specializes in three diversified product lines plus a small custom segment. This business serves a range of clients in British Columbia, Alberta, and south to the U.S. Demand from the U.S. is spurred by a low Canadian dollar. Each specialized product line could easily be expanded further through contracts with private and government entities throughout both western provinces and Washington State. Further opportunity for growth lies in the company’s intellectual property ownership of many unique products. Several of these products are suited to mass production and distribution. With retirement pending, the current owners chose not to leverage this intellectual capital but a new owner could seize this opportunity to expand the current production facilities, broaden marketing to encompass North America, and grow the business substantially in 2 to 5 years. The vendor also laid the groundwork for expansion by investing in advanced production technology. Limited additional labour – an estimated 10 to 12 FTE employees - would be required to increase production by 60% - 100%. No additional space would be required. Production could be increased within the current space. The business has always placed high value on the importance of skilled labour and has attracted, trained, and maintained a loyal work force of approximately 50 workers. The company is seen as a premium employer in the region, so many of the skilled workers have remained with the company for years. Due to this experienced workforce, the current owner only needs to dedicate six to eight hours per work to manage the business. The manager is younger, under 40, and has a small ownership share so is committed to the success of the business. Effective staff and effective management free the principal owners to travel for up to eight weeks at a time. This makes this operation an easily managed, turn-key business.
Turn-Key Kitchen Renovation Business Built over 20 years
Love creating beauty? Drawn to construction and design? Then you’ll want to investigate this well-established, renovation business that has provided high-end kitchen renovations in an upscale island community for the past two decades. This turn-key award-winning business gives you an excellent established reputation. The company is the exclusive regional representative for one of North America’s top producers of quality kitchen components.
Marine services and retail business in ideal island location
This award-winning business combines a solid marine mechanical service business opportunity integrated with an unmatched lifestyle in one of Vancouver Island’s most beautiful locations. It is priced for a quick sale as the passive owner is divesting out of his business investments. The business supports the active recreational and commercial marine community on the island. There are multiple revenue streams: services, repairs, and retail product sales of both new and previously owned upscale items. Financing has been established for buyers of high ticket items, which also gives opportunity for additional revenue.
Successful Business Captures Market Niche, Ready for Expansion
This unique, web-based business provides the perfect solution for time-stretched professionals looking for a healthier lifestyle but who need help achieving it. The company designs, produces, and delivers portioned meal kits utilizing fresh, often local ingredients. The convenience of ready-to-cook meals delivered to the customer’s door has resulted in steady growth during the first few years. Clients order their meal kits online by choosing from different plan types with their choice of meat-based and/or vegetarian options. The resulting meals are fresh, healthy, locally-sourced, and more flavorful than what’s currently available on the market. The business was also an entirely new concept at its inception. When the owners launched their business, they were pioneers and their first task was educating the market about meal kits and what the service could offer their customers. The large national/international corporate meal kit companies didn’t appear until a few years later and have boosted business for this company by building product demand. The company has targeted a market niche with high demand, laid the groundwork, proved the concept, and is poised for continued growth.
Financial Fitness from High Traffic Fitness Studio
Are you a fan of personal fitness? This active business puts you in an environment you’ll love, as you provide high quality fitness options to your clients 7 days a week. This fitness studio is part of a popular franchise offering popular, proven fat-burning fitness programs. As the owner, you will be connected with a fast-growing national network, giving you cross-marketing potential. An active franchisee ownership group will give you support, a place to share issues, and inspiration for your business.
Manufacturing Fabricator Business For Sale
This well established and highly regarded manufacturing business gained prominence within the industry as a result of a line of custom made, high-quality, specialized products. Due to exceptional product performance and innovative design techniques the business has grown to include a national customer base, while retaining a very loyal, local following as well.
Build a Solid Future with Specialty Construction Business
Build a great future with this highly successful specialty construction business on Vancouver Island in Canada. Located in a friendly waterfront community, this well-established business is the industry leader for quality finishing work.
Organic Personal Care Product Manufacturer and Wholesaler For Sale
This company has developed a proprietary process that gives the product lines a 2 year shelf life, unlike the 3 -6 month shelf life of other organic products. This Intellectual Property asset differentiates this company and it competitors dramatically.
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