MLS® 1045089

Rare opportunity to acquire an established specialty tank and reservoir cleaning company serving Vancouver Island and surrounding regions. Founded in 2013, the business provides water-quality improvement, sediment removal, cleaning and disinfection services for residential, commercial, institutional, industrial and government clients. The company has developed a proprietary, environmentally responsible process that allows customers to retain approximately 90% of their stored water during cleaning. This reduces water waste, refill costs and service disruption. The process has helped conserve more than 73 million litres of water and created a strong position in a highly specialized market. The business has 1,313+ active customers, with 50%+ of annual revenue generated from repeat clients. Operations are well systemized, with administrative support and trained contractors already in place to complete field work. The owners are no longer regularly involved in day-to-day field operations, creating a straightforward transition for a buyer. Significant growth opportunities exist through targeted digital advertising, expansion into underserved areas, and direct outreach to municipalities, First Nations, parks, ports, property managers and commercial operators. There is also potential to increase recurring service agreements, add regional contractors, license the proprietary process or expand into other areas of British Columbia (id:53361)