Sprayfoam Insulation Business - High Growth Opportunity

Cayuga County, NY

Seller Financing Available
Sprayfoam Insulation Business - High Growth Opportunity

Asking Price:$695,000

Cash Flow:$448,518

Gross Revenue:$1,793,235





Sprayfoam Insulation Business - High Growth Opportunity

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Business Description

This business provides commercial and residential insulation services throughout upstate NY. They specialize in open and closed cell spray foam insulation and also offer blown-in fiberglass insulation for ceilings and attics. Most of their business comes from referrals from satisfied customers. They have grown every year since starting the business in 2010. No licensing or other experience is required to operate this business.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The shop is 7,200 sq. ft. A lease will be extended to the buyer for $30,000/year. Please inquire for a complete list of the equipment included with the sale. The real estate is owned by the seller and could be available for purchase if the buyer desires.
Since they provide excellent workmanship and customer service, most of their business comes from referrals. They advertise in a local paper but don't do any internet advertising.
Growth & Expansion:
The business has experienced high growth every year and 2016 is on pace to match 2015. Multiple markets including industrial and commercial that have not been pursued present additional opportunities for growth.
The seller will consider some financing for the qualified buyer
Support & Training:
The seller is willing to help the buyer insure a successful transition.
Reason for Selling:
The seller wants to focus on other ventures

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Lincoln Taylor

Business Listed By:
Lincoln Taylor

Synergy Business Brokers

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Memberships & Certifications:
Indicates membership in The New England Business Brokers Association (NEBBA).

Sponsoring Broker:
Blake Taylor

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