Business Overview

Purchase this business with as little as $50k down. Room for a $250k+ salary after paying all expenses including the loan!

Are you a Plumber or an HVAC Technician that’s looking for your own gig? Here is an opportunity to jump into a high demand business with a diversified customer base, with minimal capital outlay.

Inventory is included in this listing at cost, however it is negotiable.

Owner has done very little to market this busines, but the name carries trust in the communities it serves. New clients are obtained almost daily by word of mouth. Huge opportunity to expand service area, and/or advertise the business. Or continue with organic growth at a steady pace.

Financial

  • Asking Price: $349,000
  • Cash Flow: $290,000
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $100,000
  • Inventory Included: N/A
  • Established: N/A
Is Support & Training Included:

Owner will continue to work thru a transition period TBD, will also consult on an ongoing basis.

Purpose For Selling:

Retirement

Pros and Cons:

High demand service, never enough providers. Small town service areas, where reputation means everything. Owner has ensured customer satisfaction at a fair price.

Opportunities and Growth:

Currently no marketing or advertising is done.

Additional Info

The sale doesn't include inventory valued at $100,000*, which ins't included in the asking price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals resolve to sell businesses. Nonetheless, the real reason vs the one they say to you may be 2 absolutely different things. For instance, they might state "I have way too many other obligations" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these might simply be excuses to attempt to conceal the reality of changing demographics, increased competitors, recent decrease in earnings, or a range of various other factors. This is why it is very essential that you not count completely on a vendor's word, however instead, use the vendor's solution combined with your overall due diligence. This will repaint a much more reasonable image of the business's current situation.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous companies take out loans so as to cover items such as supplies, payroll, accounts payable, and so on. Bear in mind that occasionally this can indicate that profit margins are too thin. Numerous businesses fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that have to be met or might lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area draw in new customers? Often times, businesses have repeat clients, which form the core of their daily profits. Particular aspects such as new competitors growing up around the location, roadway construction, and personnel turnover can impact repeat consumers as well as adversely impact future revenues. One vital thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business regularly, the higher the possibility to construct a returning consumer base. A last idea is the general location demographics. Is the business located in a densely populated city, or is it located on the edge of town? Just how might the regional typical family earnings influence future income potential?