- 2008 was down over 2007, but the cash flow was still over $550,000. The business is solid. 2009 is picking up sharply in the past 3-4 months! The owner has taken great steps to improve the business model recently. We work for, commercial buildings, schools, office buildings, municipalities, industrial hygienists, residential, etc. They call us. We provide a service that must be done, and enjoy very low competition and high barriers to entry. New facility less than 1 mile from 2 main hways. It took years to find the location, find the best workers, buy the best equipment and establish a solid brand for trust. Our industry is thriving because we fix all forms of damage, people need it and insurance companies pay for it. We have very unique and proprietary systems and approaches to what we do vs. our competition. Solid balance sheet-$600K and no debts. WE HAVE NEVER WRITTEN OFF 1 DIME ON ACCTS REC! Never a complaint, excellent history of client satisfaction and perfect safety record. All employees in field and office are loyal and well paid/benefits etc. 12 vehicles all fully stocks and well maintained. Full inventory and assets to grow the business. New owner can make $2MM in 2009, CF $600K by just taking on more work. 2009 is already well contracted! No experience needed, but full motivation is. We are 75% commercial, 25% residential. We are high quality high service, and high margin. We have never advertised or marketed our services the work just comes to us. Not even in yellow pages. The new owner can get bigger, bonded jobs, can grow even faster, Seller been reluctant to do so. Seller wishes to stay on to help the business grow. Call broker for extensive assets lists, A/R reports, comprehensive financials. To get a SALES and FINANCIAL PACKET on this business CALL OUR OFFICE 303-382-1906 or Email paul@companybroker.com
General Information
- Recession, what recession? We have never advertised or marketed our services. The sales just come to us. We are 100% referral and repeat customers. The owner makes it clear that with first time sales and marketing efforts to new and existing customers, the business can double in less than 2 years! Everything is in place to handle 250% growth. The seller has not pursued bonded work at all; this is where the real margins are in the business. The seller knows exactly what to do to grow the business and will provide a clear blueprint to grow it.
- The sale includes $470K in 12 well stocked vehicles, current inventory, and other assets. It took 2 yrs to find and build this brand new facility. The buyer will take over a balance sheet with NO DEBTS. 7,000 SF of warehouse and shop, and 2,500 SF of new office, less than 1 mile from 2 hways. Everything is here to cash flow $1.5MM next year, you need nothing! Overall, the business is very healthy, but needs clear direction and a motivated owner to bring it to the next level.
- Competition: We do have 3 other competitors to speak of. Our established client base avoids using smaller, less established companies. It took years to establish these relationships, and now we earn the largest margins in the industry. We are fully turn key for A to Z service work. This is our Hook and we are alone here! These and other customers that we don t already work for will hire a company that they trust and know will get the job done correctly and on time. Going forward the new owner needs to simply develop these relationships further.
- Financing Information: 5 years.
- This business is not a franchise
|
