Listing ID: 76341
Fantastic opportunity to acquire a full-service turn-key radon mitigation installation company with a great industry reputation. Business is on-track to end 2022 with another $1M+ revenue and steady growth, year over year. Consistent workflow scheduled out for skilled, experienced technicians. Experienced management team in place. Serving residential and commercial customers in the Denver metro area.
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
- Asking Price: $499,000
- Cash Flow: $208,232
- Gross Revenue: $1,170,228
- EBITDA: N/A
- FF&E: $25,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2014
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
2,000 SF of Industrial Space
Yes, 4 weeks.
Other Business Interests
The venture was started in 2014, making the business 8 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals decide to sell companies. However, the genuine reason and the one they tell you may be 2 totally different things. As an example, they might claim "I have a lot of various obligations" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these might just be excuses to try to hide the reality of transforming demographics, increased competition, current decrease in profits, or an array of various other factors. This is why it is extremely important that you not depend entirely on a vendor's word, but rather, use the seller's solution in conjunction with your overall due diligence. This will paint a much more sensible picture of the business's current situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of companies borrow money in order to cover things like supplies, payroll, accounts payable, so on and so forth. Remember that occasionally this can mean that earnings margins are too thin. Many organisations fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that have to be satisfied or might result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area draw in brand-new clients? Many times, companies have repeat customers, which form the core of their everyday profits. Specific aspects such as new competitors growing up around the area, road building, and staff turnover can influence repeat clients and negatively influence future earnings. One essential thing to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Obviously, the more people that see the business regularly, the better the possibility to construct a returning consumer base. A final idea is the general location demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? Exactly how might the neighborhood median house income impact future revenue prospects?