Listing ID: 81400
SBA Pre-Approved! This well-established pest control company has been operating since 2017. Over 2400 accounts, with 98% being residential. Seller works from home and operates semi-absentee. Ideal for an owner operator who wants to net well over $400k a year, an investor who wants to hire a general manager to continue to build upon an already amazing business, or an existing pest control company who wants to pick up over 2400 new accounts and thousands of residential leads for their current business. This opportunity will not last long, contact the listing agent for an NDA. Proof of funds required. For a quick response, please contact listing broker Lyndsey Davino (RE #S.0188362; Business Broker Permit #BUSB.0007086) at 702-772-7542 firstname.lastname@example.org or use this ad’s email response.
- Asking Price: $1,375,000
- Cash Flow: $439,320
- Gross Revenue: $1,229,884
- EBITDA: N/A
- FF&E: $30,000
- Inventory: $15,000
- Inventory Included: Yes
- Established: 2017
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
This listing is home-based. Seller is active with 1 FT, 1 PT and 5 independent contractors. Hours of operation are 7:30am – 7:00pm, Monday to Friday. $15,000 in inventory and $30,000 in FF&E included in the asking Price. Department of Agriculture and business license required. (Home Based)
Other business interests
This Business Is Home Based
The venture was founded in 2017, making the business 5 years old.
The transaction does include inventory valued at $15,000, which is included in the suggested price.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals choose to sell operating businesses. However, the true factor vs the one they tell you might be 2 completely different things. For instance, they may claim "I have too many various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these may simply be reasons to try to hide the reality of altering demographics, increased competitors, current reduction in revenues, or an array of various other factors. This is why it is really vital that you not rely absolutely on a seller's word, but rather, make use of the vendor's solution in conjunction with your general due diligence. This will paint an extra reasonable picture of the business's current circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your offer. Many companies borrow money with the purpose of covering things such as stock, payroll, accounts payable, and so on. Remember that in some cases this can imply that profit margins are too tight. Many businesses come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that need to be satisfied or may result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location bring in brand-new clients? Many times, operating businesses have repeat customers, which develop the core of their day-to-day revenues. Particular aspects such as brand-new competitors sprouting up around the location, road building and construction, and employee turnover can influence repeat customers and also adversely affect future profits. One crucial thing to consider is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Certainly, the more people that see the business on a regular basis, the better the possibility to build a returning customer base. A last thought is the general area demographics. Is the business placed in a densely populated city, or is it located on the outside border of town? Exactly how might the local average family income influence future earnings potential?