Business Overview

Established in 2009, this Company provides a wide range of services to Commercial Building Owners and Managers. The Services include; Facility Management, Contract Management, CAM Management, Demand Maintenance, Preventative Maintenance, Project Management, and Building Audits. There are currently 20+ clients, with 80+ buildings served. There is a long time client that accounts for 50 buildings currently with plans to add 50 new locations over the next 4 years. The buildings served span 20 States currently.
The business is currently operated as a home-based business. There are 6 Full Time employees, 3 Part Time employees, and a highly reliable base of subcontractors nationally that deliver the services.

Financial

  • Asking Price: $1,200,000
  • Cash Flow: $361,000
  • Gross Revenue: $1,791,639
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2009

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:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This is currently operated as a home-based business. (Home Based)

Is Support & Training Included:

The Seller will agree to a mutually agreed upon training and transition plan.

Purpose For Selling:

The Seller wishes to retire and relocate.

Pros and Cons:

This is a highly fragmented industry, and this Company has developed an excellent reputation and has loyal clients.

Opportunities and Growth:

The Company does virtually no advertising or marketing. New business is as a result of referrals from existing clients. Initiating a Social Media program would drive additional revenues. Joining and networking with Trade Associations would increase revenues.

Home Based:

This Business Is Home Based

Additional Info

The business was founded in 2009, making the business 13 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 factor vs the one they say to you might be 2 entirely different things. As an example, they may say "I have too many various responsibilities" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might simply be reasons to try to hide the reality of transforming demographics, increased competitors, recent reduction in earnings, or a variety of various other factors. This is why it is very important that you not depend completely on a vendor's word, yet rather, utilize the vendor's response along with your overall due diligence. This will paint a more sensible picture of the business's current situation.

Existing Debts and Future Obligations

If the current entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many companies take out loans with the purpose of covering items like stock, payroll, accounts payable, and so on. Bear in mind that sometimes this can mean that earnings margins are too thin. Many businesses come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future obligations to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be fulfilled or might cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location draw in new consumers? Often times, companies have repeat clients, which create the core of their everyday revenues. Particular aspects such as brand-new competitors growing up around the area, roadway building and construction, and staff turn over can influence repeat customers and also adversely affect future earnings. One essential point to think about is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Obviously, the more individuals that see the business on a regular basis, the higher the chance to build a returning client base. A final idea is the basic location demographics. Is the business situated in a densely inhabited city, or is it situated on the edge of town? Exactly how might the regional average family income influence future revenue potential?