Waterproofing Contractor - 20 Years In Biz

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Waterproof Contractor - Great Cashflow
Asking Price:
$700,000

Gross Revenue:
$1,529,895
Cash Flow:
$471,787
EBITDA:
$357,693
Inventory:
 Not Disclosed

FF&E:
$200,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Waterproofing Contractor in business for over two decades with strong reputation. Primary customers are Commercial clients, Government and Condo Associations. Seller works only 30 hours per week and is ready to retire but will train a new owner. Willing to remain for up to one year. No contractor license needed. Business is on the upswing and on track for further growth. 2018 financials are full year from Federal Tax Return.

About the Business

Location:
Jacksonville, Florida
Year Established:
1997
Number of Employees:
11
Facilities:
Business is in process of being relocated due to owner selling the property. Rent for new location is estimated at $1500 per month and is already factored in.
Market Outlook/
Competition:
This business has stood the test of time weathering the recession when many others failed.
Growth & Expansion:
Seller currently does little or no marketing and does not even have a website. A new owner with more energy could benefit from its current growth and also add to it with an effective marketing strategy.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
4 Weeks at No Cost. A longer period can be negotiated if necessary
Seller Financing:
300,000 for 96 months at 6%

Listing Info

ID:
1615883
Ad Detail Views:
0

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Business Listed by

Anthony Rigney

Quorum Business Advisors, LLC
License# BK3165430

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