Listing ID: 82437
Business Overview
For Sale: a profitable “specialty construction and repair business” that continues to grow. It is a proven business with an outstanding reputation of accomplishments. Our number one focus is to always be the local “go to” company where honesty is a key metric to the business’s success. We strive to complete all projects on time with integrity and fairness. Our highly efficient processes, combined with the outstanding technology and tools, ensure all jobs are done quickly, while also affording us time to give attention to details and ensure your home is restored to its original state. The new owner will utilize his/her previous management, marketing, and networking skills to lead the skilled technicians to success and additional growth. This business has one of the highest profit margins in industry.
Other key benefits include:
– Scalable business – few competitors.
– Semi-passive or owner operated model.
– Home based business – low overhead.
– Minimal inventory.
– Strong profit margins.
– Few employees.
Contact Ari for detailed information about this business.
Financial
- Asking Price: $78,990
- Cash Flow: $85,500
- Gross Revenue: $225,250
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2015
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:1
- Furniture, Fixtures and Equipment:N/A
Contact for detailed information about this business. (Home Based)
Full training and support.
Exceptional name in the industry.
High demand allows for continual long-term growth of this business.
This Business Is Home Based
Additional Info
The company was founded in 2015, making the business 7 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals decide to sell operating businesses. Nonetheless, the real factor and the one they tell you might be 2 entirely different things. For instance, they might say "I have a lot of other obligations" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may simply be reasons to attempt to conceal the reality of altering demographics, increased competitors, current reduction in incomes, or a variety of various other reasons. This is why it is extremely essential that you not rely absolutely on a seller's word, however rather, make use of the seller's solution along with your total due diligence. This will paint an extra reasonable picture of the business's existing situation.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your deal. Many businesses borrow money in order to cover items like supplies, payroll, accounts payable, etc. Keep in mind that in some cases this can indicate that earnings margins are too thin. Lots of organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be satisfied or might result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location attract new clients? Most times, companies have repeat clients, which develop the core of their daily profits. Specific factors such as new competition growing up around the location, roadway building and construction, and also staff turn over can affect repeat clients and also negatively influence future incomes. One crucial thing to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the better the possibility to build a returning client base. A last thought is the basic area demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? Just how might the regional mean house income impact future earnings potential?