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Building Contractor for Sale in Bergen, Norway

Certified Norwegian demolition and asbestos remediation contractor with 35 employees and strong order backlog.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.86 million
Run Rate Sales USD 5.2 million
EBITDA Margin 0 - 10 %
Industries Building Contractors
Locations  Bergen
Local Time 9:55 PM Europe / Oslo
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 520 thousand (Native Currency: NOK 5,000,000)
Reason: Owner is exploring a strategic partnership or sale to accelerate national expansion, strengthen work... View More
Includes physical assets worth USD 310 thousand
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Business Overview
- Specialist platform with high entry barriers: The company is certified for regulated demolition (TK3) and asbestos abatement (interior & exterior), with strong HSE, documentation, and compliance capabilities. Although the company was formally established three years ago, active operations commenced 6 months ago.
- Vendor qualification: Registered in StartBANK, supporting procurement eligibility with major contractors and professional buyers.
- Scale and footprint: Approximately 35 employees, with operations across Western Norway and Oslo, enabling both regional delivery and national expansion. Also engages contractual employees on a project‑to‑project basis, ensuring flexibility.
- Revenue model: Primarily project-based contracting via tenders, direct requests, and subcontracting from main contractors. Demand is driven by refurbishment/conversion projects and regulated demolition/remediation requirements.
- Commercial traction: Confirmed order backlog of ~NOK 35 million, providing visibility and supporting near-term scaling.
- Client base: Work delivered for public-sector and institutional buyers, as well as major contractors and property stakeholders. Client names and contract details are shared under NDA only.
- Founder/operator-led execution: Founder remains in an executive operating role under a 5-year management agreement, focusing on delivery excellence, estimating growth and expansion, while the investor holds governance control through the board.
- Transaction readiness: Seeking a 100% buyout combined with capital injection at closing and a performance-based earn-out, aligning incentives while protecting investor downside.
- The business holds a valid registration certification, reinforcing compliance, credibility, and operational legitimacy in the market.
Products & Services Overview
Regulated demolition (TK3) and asbestos remediation services delivered to public-sector bodies, institutional asset owners, and major construction contractors.
Assets Overview
Tangible assets (included / available):
Operational tools and site equipment required for daily project execution. A significant portion of the equipment is owned by a third-party company and is made available to the company as rent-free under an existing arrangement.

Under this arrangement, there is a one-time settlement / purchase obligation of approximately NOK 2.5 million that becomes payable upon change of ownership. The buyer can settle this at closing and thereby obtain ownership/transfer of the equipment (details and documentation provided under NDA).

Any company-owned minor assets (office equipment, IT, inventory) are included as part of the share transfer (full list under NDA).
Intangible assets (included in the transaction):
- Certifications and authorizations enabling regulated works (including TK3 and asbestos abatement – interior and exterior) and the company’s established compliance/HSE framework and documentation routines.
- StartBANK registration and vendor prequalification status supporting procurement with professional buyers.
- Operating processes and know-how for regulated demolition and environmental remediation (methods, HSE systems, risk assessments, checklists, and reporting templates).
- Workforce and organizational capability (trained teams, supervisors, HSE routines), subject to normal employment terms.
- Commercial pipeline and order backlog, and the company’s market position and brand reputation in its operating regions.
- Supplier and disposal/processing relationships relevant to compliant handling of regulated waste streams.

Note: Client names, detailed contracts, and the full asset register are shared under NDA as part of the transaction process.
Facilities Overview
We operate from leased facilities supporting demolition and remediation operations, including office space, storage/warehouse capacity, and a yard area for equipment and materials handling.
The setup is designed for project-based mobilization with teams and equipment deployed to client sites. Facilities are located in Bergen (HQ) and Oslo, with lease terms that are renewable and scalable depending on growth and capacity requirements.
Capitalization Overview
- The business is presently funded through operating cash flow and working capital from ongoing projects.
- Debt/loans: The company has no interest-bearing debt or bank loans outstanding. Working-capital items (trade payables/taxes) arise in the normal course of business.
- Shareholders/ownership: The company is primarily promoter‑owned, with one shareholder holding 90% of the equity. The remaining 10% of shares are held by a key employee.
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1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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