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Venture Connect is a subsidiary of 6 Island Coastal Community Futures offices and a working partner with the remaining Community Futures offices throughout BC.  With priority on rural BC, the subsidiary’s focus is business retention in BC during unprecedented demographic shifting and business transitions.

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Acquisition Opportunity - Turn-key operation with dominant position in marketplace

British Columbia, Kelowna, Okanagan-Similkameen District
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 Description

Phone: 250-448-7450

Email: Array

The Company, based in the interior of British Columbia, provides a comprehensive array of electric motors, fans and pumps. In operation for over 60 years, the Company also offers repair services to customers across a wide variety of industries such as agriculture, construction, engineering, forestry, manufacturing, and mining.

The Company employs 7 individuals (full time and part time), and draws upon the extensive experience of its staff and management. The Company is also a long-standing member of a worldwide organization dedicated to exacting standards, warranties, and advancement of the industry.. The services provided by the Company are consistently updated with the use and implementation of new technology. 

The Company's revenues have been very consistent in recent years. Revenues averaged approximately $1,175,000 between 2014 and 2018 with cash flow to owner averaging approximately $165,000 per annum during this period.

The Company’s shareholder is seeking to transition into retirement and has retained SVG Capital to assist in the divestiture of the Company. A confidential information memorandum is available to interested parties (upon signing a Non-Disclosure Agreement).

 

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