Business For Sale Listing 150770
Remediation Services, $140K Assets Incl.
Status as of Nov-19-2008 at 06:00 PM: Off The Market
Business Summary
$287K CF on $630K Sales; 60%+ Annual ROI at offered Price and Terms! 2007 Net was $200k! Seller so confident in the future success of the business; will carry $200,000! Front Range Colorado. We are truly a Recession Proof Business as our services offered are necessary, not discretionary. We are always very profitable regardless of what happens to the economy and we enjoy healthy margins between 50-80%! In fact, the business has experienced 300% growth over the last 3 years! This business is selling for just over 1.5x 2007 Cash Flow after you consider that the deal includes $140,000 in equipment and other assets! There are actually 2 businesses being sold for the price of 1 (the 2nd business is referenced below with 70-80% margins!) This work is very non-technical and will be easily transferable to the new owner. No certifications, licenses, or permits required. We have established an outstanding reputation and client base. We work for major insurance companies including State Farm, American Family, and Farmers and are paid directly by them; this provides us timely payments within 2 weeks of providing our services. We have only written off $1,000 in bad debt in the history of the company. General Contractors call us to do jobs too; there are only 4 GC's on the major insurance providers' "large-loss" list and we work with 3 of them. No bidding or negotiating necessary, we are called directly by our clients to do the work at set prices with healthy margins. We have never had any customer complaints and we have never had a workers comp claim. This company has never been marketed. We don't even have a sales person; business has all been repeat and referral. We are only focused on one area of the industry and Seller has many ideas for growth and expansion. Our estimating procedure is "fool-proof", completely automated. We are trusted and respected widely which has been critical to our success. We have very clean books and virtually no debt.
Categories
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Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($630,750) |
| Profits: |
Between $100 Thousand and $500 Thousand ($287,156) |
| Profit Type: |
Cash Flow |
| Asking Price: |
Between $500 Thousand and $1 Million ($650,000) |
