Business Overview

This business offers an essential emergency service that is needed by both homeowners and businesses. Usually these events cost tens of thousands of dollars in damage to homes and businesses alike. These crisis situations demand an urgency that keeps the clients focused on getting their needs met as soon as possible. Thus, they are beyond shopping and fixated on the execution needed to relieve their pain and frustration. This business has a high revenue per customer, and with the high margins seen in this business it allows for its owner to have the cash flow to live comfortably while reinvesting and growing year after year.

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  • Asking Price: $800,000
  • Cash Flow: $504,552
  • Gross Revenue: $909,927
  • FF&E: $170,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home-based. (Home Based)

Is Support & Training Included:

Yes, available.

Purpose For Selling:

Other Ventures.

Home Based:

This Business Is Home Based

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people decide to sell companies. However, the real reason vs the one they say to you might be 2 completely different things. As an example, they might claim "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these may simply be reasons to attempt to conceal the reality of changing demographics, increased competitors, current reduction in profits, or a range of other reasons. This is why it is extremely essential that you not count completely on a seller's word, but rather, utilize the vendor's answer together with your general due diligence. This will paint a much more practical image of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Many operating businesses take out loans with the purpose of covering things like stock, payroll, accounts payable, and so on. Remember that occasionally this can mean that revenue margins are too small. Numerous businesses fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be satisfied or may result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location attract brand-new consumers? Many times, businesses have repeat consumers, which develop the core of their daily profits. Particular elements such as new competitors growing up around the area, roadway building, as well as employee turnover can affect repeat clients and negatively affect future incomes. One crucial thing to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Certainly, the more individuals that see the business regularly, the better the possibility to build a returning client base. A last idea is the basic location demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? Exactly how might the regional typical house earnings influence future earnings prospects?