Listing ID: 73096
Today home inspections are almost always part of a home purchase. A buyer who is energetic and has good business acumen could take this home-based, low overhead business to new heights with such a large opportunity for growth. This business provides a variety of inspection services to suit the needs of home buyers, home sellers and commercial property owners/managers, including inspections of hundreds of components throughout a building’s interior, exterior, foundation, roof, electrical system, plumbing, and HVAC system. The business also provides a variety of add-on services such as radon testing, infrared thermography, roof drone inspections, and sewer scopes. A commitment to professionalism, efficiency, thoroughness, and attention to detail has given this business an excellent reputation not only among its customers, but also with referral sources. All the necessary equipment, tools, and test equipment included in the sale. Training upon transfer is negotiable. Put your experience, and your love for homes and people, to the perfect use, helping homebuyers feel confident and well-informed when buying. This business is priced for a quick sale, don’t delay!
- Asking Price: $30,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
This Business Is Home Based
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell operating businesses. However, the true factor vs the one they say to you may be 2 completely different things. For instance, they may claim "I have way too many various commitments" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these might simply be excuses to attempt to conceal the reality of altering demographics, increased competition, current decrease in revenues, or an array of other reasons. This is why it is extremely vital that you not count absolutely on a seller's word, however rather, utilize the seller's solution together with your total due diligence. This will repaint a much more reasonable picture of the business's current circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your offer. Lots of businesses finance loans with the purpose of covering things such as inventory, payroll, accounts payable, and so on. Keep in mind that sometimes this can mean that earnings margins are too small. Lots of organisations fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that need to be satisfied or might result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location bring in brand-new consumers? Often times, companies have repeat consumers, which create the core of their daily earnings. Specific aspects such as brand-new competitors sprouting up around the location, roadway building and construction, as well as employee turn over can impact repeat clients as well as adversely influence future earnings. One important point to take into consideration is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business on a regular basis, the better the possibility to build a returning consumer base. A final idea is the general location demographics. Is the business situated in a densely populated city, or is it situated on the edge of town? Exactly how might the neighborhood average house earnings impact future earnings prospects?