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 founded in 2004, making the business 18 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals choose to sell businesses. However, the real reason vs the one they say to you might be 2 absolutely different things. As an example, they might state "I have too many other commitments" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these might simply be justifications to try to conceal the reality of transforming demographics, increased competitors, recent reduction in earnings, or a range of various other reasons. This is why it is extremely crucial that you not rely totally on a seller's word, however rather, use the vendor's answer along with your overall due diligence. This will paint a much more sensible image of the business's present situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of companies borrow money with the purpose of covering items like stock, payroll, accounts payable, so on and so forth. Remember that sometimes this can imply that earnings margins are too thin. Many companies fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to consider. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that must be fulfilled or may lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area draw in brand-new customers? Often times, operating businesses have repeat customers, which create the core of their day-to-day revenues. Certain variables such as new competition growing up around the location, road building and construction, and staff turnover can affect repeat customers and negatively influence future profits. One vital thing to consider is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Certainly, the more individuals that see the business regularly, the greater the chance to develop a returning client base. A final thought is the basic location demographics. Is the business placed in a largely populated city, or is it situated on the outskirts of town? How might the local median household income impact future income potential?