Business Overview

Business highlights:

– Turnkey opportunity with strong teams in place
– Profitable
– Successful marketing program in place
– Good customer base with above average ratings

Well-established, locally-owned and independently operated business serving high-end residential and commercial customers in the greater St. Louis area. Quality work, skilled teams and a business model dedicated to customer satisfaction. Owner is involved at the executive level only.

Over 20 well-experienced Independent Contractors in place to serve customers. Growing industry. Simple business model with flexible schedule, easy to run and plenty of room for expansion.

Financial

  • Asking Price: $199,000
  • Cash Flow: $70,631
  • Gross Revenue: $285,236
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2004

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

Home based, no outside storage needed. Contractors supply own equipment and supplies are ordered for each job and delivered to the job site. (Home Based)

Is Support & Training Included:

Owner is committed to smooth transition and will ensure new owner has all the support and training needed to run company successfully.

Purpose For Selling:

Owner is pursuing other interests

Home Based:

This Business Is Home Based

Additional Info

The business was started in 2004, making the business 18 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals resolve to sell businesses. Nonetheless, the real factor vs the one they say to you might be 2 totally different things. For instance, they may say "I have too many other obligations" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these might simply be reasons to try to conceal the reality of changing demographics, increased competitors, recent reduction in incomes, or a range of other reasons. This is why it is extremely crucial that you not rely absolutely on a vendor's word, but instead, use the vendor's answer in conjunction with your total due diligence. This will paint a more practical image of the business's present scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your offer. Lots of operating businesses borrow money so as to cover points like inventory, payroll, accounts payable, and so on. Keep in mind that sometimes this can suggest that revenue margins are too thin. Lots of companies come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that have to be met or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location attract brand-new consumers? Often times, companies have repeat consumers, which create the core of their day-to-day earnings. Particular aspects such as brand-new competitors sprouting up around the location, roadway building and construction, and also staff turn over can affect repeat customers as well as negatively impact future incomes. One crucial point to consider is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Obviously, the more people that see the business on a regular basis, the higher the chance to develop a returning consumer 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? How might the neighborhood average household income effect future income potential?