Business Overview

Like an episode of reality TV, the Seller of this very profitable small business left his career at a Fortune 500 company to create something of his own. Using the tools and systems from his corporate background he has built a solid business that has exploded. This full service maintenance company filled a gap in the market and has no competitors in sight. Services include everything from home remodels, commercial tenant improvements, roofing, holiday lighting, junk removal and much more. The company has been positioned to be the “go to” for any project for both residential and commercial properties. Imagine owning a business that even with uncertainty of the past year grew by almost 15% and is on track for another 40% jump in revenue this year. With the systems in place this business is easily scalable. Amazing new location custom built to support the continuous growth. This business has the potential to become a household name are you up for the ride? Give us a call to complete an NDA to learn more before someone else does!
•Consistent Growth
•New Location with Custom Build Out
•Diversified Customer Base
•Scalable
•Pandemic Proof Business Model
•Future Jobs Scheduled on the Books / Deposits Transfer to Buyer / Average $90K

Financial

  • Asking Price: $1,500,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 2017

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:3,450
  • Lot Size:N/A
  • Total Number of Employees:12
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Newly built out office/warehouse with great visibility in high traffic location.

Is Support & Training Included:

Seller willing to provide hands on training for a smooth transition

Purpose For Selling:

The Seller has other business interests.

Pros and Cons:

Unique business model and level of customer service. No other companies are true competitors

Opportunities and Growth:

Business is set up with systems to expand to other markets in WA or across the Country

Additional Info

The company was established in 2017, making the business 5 years old.

The business has 12 employees and is situated in a building with approx. square footage of 3,450 sq ft.
The property is leased by the business for $5,500 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals resolve to sell businesses. Nevertheless, the genuine reason and the one they say to you might be 2 totally different things. As an example, they may say "I have too many other responsibilities" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these might just be reasons to attempt to hide the reality of transforming demographics, increased competitors, recent reduction in profits, or a range of other factors. This is why it is very crucial that you not count absolutely on a vendor's word, however rather, use the vendor's answer combined with your total due diligence. This will paint a much more realistic image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Many businesses take out loans with the purpose of covering things like inventory, payroll, accounts payable, and so on. Remember that sometimes this can suggest that earnings margins are too small. Lots of companies fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that should be fulfilled or might lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area draw in brand-new consumers? Often times, businesses have repeat customers, which create the core of their everyday profits. Specific aspects such as brand-new competitors sprouting up around the location, roadway construction, as well as staff turn over can influence repeat consumers and also negatively impact future profits. One important point to think about is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Clearly, the more individuals that see the business regularly, the greater the opportunity to build a returning consumer base. A final idea is the basic area demographics. Is the business located in a largely inhabited city, or is it located on the outside border of town? Just how might the local median family income impact future income potential?