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What is your construction business worth, and would a buyer actually pay it?

Exit Readiness Assessment · for design and construction owners

Buyers do not pay for what you built. They pay for what runs without you. This assessment tells you where your design or construction business stands on that, while there is still time to change the answer.

8
Business fundamentals, read for transferability
3 to 5
Years before a sale is when this work pays
In person
A walkthrough session, with your broker if you want

The number you do not have

A construction company is valued on what it earns, multiplied by how confident a buyer is that those earnings will keep arriving after you leave. The earnings part is arithmetic, and your accountant can do it. The confidence part is where owner-run businesses lose money, and almost nobody tells you about it until a broker has looked at the file.

Most owners find out the business is not sellable at the worst possible moment, which is when they are finally ready to leave. The assessment tells you now, while there is still time to fix it.

Try the arithmetic

Put in three numbers you already know and choose a multiple. The point is not the answer. The point is how much one turn of multiple is worth, because that is what a buyer's confidence in your business is really priced in.

What the arithmetic says

$475,000
Owner-adjusted earnings
$1,188,000
At your chosen multiple
$475,000
One extra turn of multiple

MultipleValueAgainst 2.0x

This is arithmetic, not a valuation. Nothing you type here is sent anywhere.

Published figures for small owner-run contractors commonly sit in the low single digits of seller's discretionary earnings, which is why the table runs from 2.0x to 4.0x. They vary a great deal by size, trade and region. One US acquirer's 2026 analysis of construction deals (CT Acquisitions, June 2026) reports that owner involvement in estimating, project management and customer relationships holds prices down, while recurring service revenue and crew leaders who run jobs without the owner support higher ones. That is US data from a single source, so read it as a direction rather than a quote for your business.

For the longer explanation, see how to value a construction company.

What a buyer is actually pricing

Owner dependence hides inside the first five of the eight fundamentals. Weak process, knowledge that lives in your head, and a team that routes every decision through you each read as risk in due diligence, and risk comes off the multiple. The last three are about you. Plenty of owners get the business ready and then find that they are not.

What a buyer scrutinises

  • Marketing: where the work comes from, and whether it comes without you
  • People: who could run the business if you left
  • Metrics: whether the numbers are clean and trusted
  • Issues: how problems get solved, and by whom
  • Process: whether the way work gets done is written down

What only you can answer

  • Mindset: whether you are ready to let go
  • Vision: what you want your life to look like afterwards
  • Goals: the timeline and the number that would make leaving worth it

The free Exit Readiness Scorecard looks at the same ground from the other side, scoring eight sale drivers: Owner Readiness, Growth Story, Revenue Predictability, Management Depth, Financial Clarity, Operational Resilience, Transferability and Execution Record. The scorecard tells you where to look. The assessment goes in and looks.

What you walk away with

  • An Exit Readiness Report CardYour business scored across all eight fundamentals and read specifically for transferability: how much of the company's value walks out the door with you, and which gaps a buyer will price against you.
  • A map of your owner dependenceEvery function that runs through you, and what it takes to move each one.
  • A transferability analysisWhat a buyer inherits today, set against what they would need to inherit.
  • Your RoadmapThe major moves required to make the business sellable, in the order they need to happen, set against your intended exit timeline. Run it yourself, or if we continue together I develop it into the detailed Master Plan we work from.
  • My recommendation on what to tackle firstOne clear starting point, not a menu.
  • A walkthrough sessionI take you through all of it, in person or online, and your broker can join if you want.

How it works

  1. Book your assessment

    A short call first, to understand your timeline and what leaving actually looks like for you.

  2. The deep dive

    I go through the business with you and interview you as the owner, in person in Vancouver or online.

  3. Report Card and Roadmap

    Where the business stands on transferability, and the major steps to closing the gaps before you go to market.

  4. Decide how you move

    Run the plan yourself, or bring me in to drive it through the Master Plan Program, with the Self-Sustaining Business Program where the business itself needs rebuilding. Most owners at this stage do not have the time to do both.

Who this is for, and who it is not for

This is for you if

  • You run an established design or construction business with five or more staff and at least five years behind you
  • A broker has told you the business is not ready, and you want to know exactly what that means and what it takes to fix
  • You are three to five years out, which is far enough that there is time to change the outcome and close enough that it is real
  • You are tired. You would leave tomorrow if you could, and you need to know whether that is possible and what it would cost

This is not for you if

  • You plan to sell within six months. Most of the value-building window has already closed, and I would rather tell you that than sell you a program
  • You need a formal valuation for a sale, a tax filing or a legal matter. That belongs with a chartered business valuator
  • You want the business to be worth more but have no intention of ever leaving. The Business Health Check is the better start

Group coaching is never offered to owners preparing to sell. A group moves at the group's pace, and an owner selling in three years cannot wait for the module they need. If you are heading for an exit, the work has to be specific to your business and your deadline.

The fee and the credit

The assessment is a one-time fee, confirmed when you book. If you go on to work with me within one month of receiving your Roadmap, the full fee is credited, so you are not paying twice.

Book your assessment

Tell me roughly when you want out and whether a broker is already involved. Those two answers change the conversation more than anything else.

You
Your exit

Questions owners ask

How do you value a construction company?

Most small and mid-sized construction companies are valued as a multiple of earnings. For an owner-operated firm the usual measure is seller's discretionary earnings: profit before tax, plus the owner's pay and any one-off or personal costs the business carries. Larger firms are more often valued on EBITDA. The multiple depends on size, trade and region, and above all on how much of the business runs without the owner. The calculator on this page does the arithmetic, and the assessment works on the second part.

Is my construction business ready to sell?

A business is ready when a buyer can see that it will perform without you. That means documented processes, a management team that makes decisions, clear numbers, and revenue that does not depend on your personal relationships. The free Exit Readiness Scorecard gives you a first read in a few minutes, and the assessment goes into it properly.

How long before I sell should I start?

Ideally three to five years before. About three years is roughly the minimum runway for this work to show up in the financials a buyer sees. If you plan to sell within six months, most of the value-building window has closed, and Eric will tell you so rather than sell you a program.

Is this a formal business valuation?

No. It is an assessment of sale readiness: how transferable the business is and what a buyer will price against you. A formal valuation for a sale, a tax filing or a legal matter should come from a chartered business valuator.

I already have a broker. Do I still need this?

Often yes, especially if the broker has told you the business is not ready. The assessment turns that verdict into a specific list of what is wrong and what it takes to fix, and your broker is welcome to join the walkthrough session.

Can I join group coaching while I prepare to sell?

No. Group coaching is never offered to owners preparing to sell. A group moves at the group's pace, and an owner selling in three years cannot wait for the module they need.

What does the Exit Readiness Assessment cost?

The Exit Readiness Assessment is a one-time fee that is confirmed when you book. It is credited in full if you go on to work with Eric within one month of receiving your Roadmap.

Not ready to book yet?

Start with the free Exit Readiness Scorecard. It takes a few minutes and tells you where the business stands before you speak to anyone.

Eric Lee · Starfish Coaching · 1937 Triumph St, Vancouver BC V5T 1C5
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