Established Home Service Business with Repeat Customers & Low Overhead
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Homes (with very few exceptions) are required to obtain a home energy score from a licensed home energy score assessor prior to listing their homes for sale in Portland, Hillsboro, and Milwaukie. If the homeowner does not obtain the score prior to listing their home for sale, they will be fined by the city until they obtain the score. Our company has been providing home energy scores since the beginning (around 2018) and has completed thousands of scores. Last year we completed well over 500 scores.
There is very little overhead cost and this business can be run out of anyone's home (they will need transportation to the homes to provide the score and they will need to be a licensed assessor). Insurance costs are very low, equipment costs are very low.
In addition to the income earned from providing the scores, we provide 3D tours and floorplans and a few other minor items to increase our profit and take advantage of the home service appointment.
There is very little overhead cost and this business can be run out of anyone's home (they will need transportation to the homes to provide the score and they will need to be a licensed assessor). Insurance costs are very low, equipment costs are very low.
In addition to the income earned from providing the scores, we provide 3D tours and floorplans and a few other minor items to increase our profit and take advantage of the home service appointment.
About the Business
- Years in Operation
- 8
- Employees
- 1 Full-time
- Currently Home Based
- Yes
- Facilities & Assets
- All the tools and equipment we use to complete the home energy scores and 3D tours are included (over $2K in value). Our website is included and all branding is included that we have access to and can easily hand over to the new owner. We have a paid off 2018 Ram van that is not included in the sale, but is negotiable as desired.
- Market Outlook / Competition
- Homes (with very few exceptions) are required to have a home energy score before getting listed on the public market or the sellers are fined. This requirement is in place for Portland, Hillsboro, and Milwaukie. When we first started in 2018 and the law was new in Portland we had a ton of competition. Over the years that competition has died off and now there is very little competition, and those that do compete with us typically have no advertising in place.
- Opportunities for Growth
- Home energy scores are generally marketed to real estate agents, which there are about 8,000 in the Portland metro area. These real estate agents also need other services, which is why we offer Matterport 3D tours and Zillow 3D tours among other things when obtaining the home energy score for them. This increases our income. Since our company is providing a service for the Realtor and home owner prior to the sale, there is a ton of opportunity on what you could provide for either the Realtor or the home owner in marketing and prepping the home for sale. Additionally, other cities could mandate the score. Additionally, there has been talk (but no firm plans) of requiring home energy scores for rental properties (which would dramatically increase demand).
About the Sale
- Seller Motivation
- I run multiple businesses and need to cut back for personal reasons.
- Transition Support
- All home energy score assessors must be licensed. Our full time employee is happy to stay on board. As the owner, I'm happy to train you on our web stack. We use Square to take payments, 99% of customers pay online. We use Acuity to book appointments. 99% of appointments are booked online. We use MailerLite to send out email blasts to our customer base about every other month. There is very little overhead.
Listing Info
- ID
- 2510958
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2510958 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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