Business Overview

This company specializes in increasing energy efficiency by providing all types of insulation – including, blown-in loose insulation, spray foam, and BATT insulation, among others, and energy-efficient upgrades such as air sealing, and hatch and can light cover and junction box cover installation – to homes (residential customers) and other businesses (commercial customers) and large Industrial work. This is a rare opportunity to own a home services business that exclusively sells the customer savings, increases comfort, and helps the environment. Delighted customers save on their utility bills, experience increased comfort and air quality all while knowing that they are reducing their carbon footprint.
Many competitive advantages, including proprietary green/low VOC (volatile organic compounds) insulation product, which reduces customer’s time to re-enter the home (or business) and comes with a lifetime manufacturer’s warranty. Superior equipment, tools and technology educate and instill confidence in customers as well as help owner efficiently manage employees, operations, inventory ordering and management, and financials.
Owner’s role is to provide customer estimates; manage small team of trained technicians; establish relationships with customer referral sources like realtors, HVAC repair professionals and builders, etc.; manage financials; set strategic direction; and oversee operations.
Additional Business Benefits Include:
• High customer retention – warranty/service plans generate recurring revenue.
• Exceptionally profitable. Owner can recoup total investment within 15 months.
• Product competitive advantage – head office owns proprietary insulation formulas.
• In-house recruiter assists owner with staffing crewmembers.
• Favorable tax treatment – business includes depreciable equipment that can offset income at tax filing.
• Head office trained call center handles all incoming customer inquiries generated by targeted lead generation program and can set customer appointments/estimates for owner (first to contact is first to contract).
• Marketing and advertising support – head office helps with creating promotional materials including direct mail pieces and print ads.
• No experience necessary – head office provides full training and ongoing support.
• B2B customer acquisition support – dedicated in-house resources call on contractors in owner’s market to help create partnerships
• Home-based business with low overhead.
Contact Jeff for detailed information.

Financial

  • Asking Price: $164,999
  • Cash Flow: $191,000
  • Gross Revenue: $570,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2018

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:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Contact for detailed information about this business. (Home Based)

Is Support & Training Included:

Full training and support will be provided.

Pros and Cons:

Exceptional name in the industry.

Opportunities and Growth:

High demand, continual long-term growth business.

Home Based:

This Business Is Home Based

Additional Info

The venture was started in 2018, making the business 4 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons why people decide to sell companies. Nevertheless, the true reason and the one they say to you may be 2 absolutely different things. As an example, they may say "I have way too many other obligations" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these might just be reasons to try to hide the reality of transforming demographics, increased competition, current decrease in revenues, or a range of other factors. This is why it is really essential that you not depend absolutely on a seller's word, but instead, make use of the vendor's answer along with your total due diligence. This will repaint an extra reasonable picture of the business's current circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous businesses take out loans with the purpose of covering points like supplies, payroll, accounts payable, etc. Keep in mind that sometimes this can indicate that profit margins are too thin. Many organisations fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that must be fulfilled or might cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area bring in new clients? Most times, companies have repeat consumers, which create the core of their daily revenues. Certain factors such as new competition sprouting up around the location, roadway building, as well as staff turn over can affect repeat clients as well as negatively influence future revenues. One crucial point to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Certainly, the more people that see the business regularly, the higher the opportunity to construct a returning customer base. A final idea is the basic location demographics. Is the business situated in a largely populated city, or is it situated on the outskirts of town? Just how might the local mean house earnings influence future earnings potential?