Hill Country Multi-Location Service Company *UNDER CONTRACT*

Boerne, TX (Kendall County)

Hill Country Multi-Location Service Company *UNDER CONTRACT*

Asking Price:$1,850,000

Cash Flow:$450,640

Gross Revenue:$1,665,148

EBITDA:N/A

FF&E:$450,000

Inventory:$26,000

Real Estate:$868,800*

Established:1932

*not included in asking price.

Hill Country Multi-Location Service Company *UNDER CONTRACT*

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Business Description

*UPDATE 10-17-16: This business is under contract, so we will not reply to inquiries unless the business goes back on the market - but feel free to fill out the form and submit your contact information.*

This is a well-run, turn-key, multi-location service business with the appearance and systems of a well-developed franchise, but it's not: it was created from scratch by the Seller (so no royalties)! Buying this business gives you proven, consistent cash flow with repeat business, and a business model that can easily scale to additional communities if you’re a growth-oriented entrepreneur.

The business is ideal for a new owner wanting to take an active role in continuing the operational efficiency and customer service excellence of the business while taking advantage of growth opportunities such as adding additional locations in the affluent and growing communities in the Hill Country north of San Antonio and west of Austin.

Business has leased and owned Real Estate. Owned real estate of $868,800 in value is not included in the asking price above but is required to be purchased by the Buyer, bringing the total to $2,718,800 for the asking price of the business and real estate.

Business Highlights and Attributes:

- Excellent branding and service makes this company very recognizable in the Hill Country - over 9,000 active customers! Most business is repeat business.
- Six locations currently with the ability to add more.
- Motivated, trained employees.

Strengths:

- Operational Excellence; Owner has Systematically Driven Down Costs and Increased Profitability Annually while Maintaining High Quality
- Strong Management team; Stable, Professional, and Experienced Staff
- Strategic Locations with Little Competition and High Market-Share
- Sterling Reputation with Strong “Word of Mouth” Referral Basis

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business has six store locations throughout the Texas Hill Country. Four are leased, two are owned. All are well-located on high-traffic roads in their respective communities. The real estate (land, building, improvements) is currently listed for $868,800 under a separate but related listing agreement, both sales contingent upon the contemporaneous closings of one another.
Competition:
Largest, most recognizable business of this type in this market. Well-branded, resembles a franchise. Has the most up-to-date technology and production equipment. Great reputation. Other competitors are more "mom and pop" style businesses, and do less-quality, lower-price work.
Growth & Expansion:
There are other add-on services in addition to the Company's core business that can be expanded upon, and also outsourced.
Support & Training:
20 full-time, 10 part-time workers in the store fronts and plant. Production manager has been with the company for 25 years, before the current owner purchased the business. The Retail Manager is a new hire as of 2015. Owner brought this person on in order to better train/manage customer service representatives at their storefronts and also allow the owner to reduce his hours and enjoy more traveling and increased quality time with his family. The bookkeeper stays on top of payables, balances all the accounts and makes daily deposits. Current owner focuses on higher-level financial trends and growth.
Reason for Selling:
Retirement

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Clint Fiore

Business Listed By:
Clint Fiore

Texas Business Buyers, LLC

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