29 Year Old Service Business

Antioch, CA (Contra Costa County) (Relocatable)

29 Year Old Service Business
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Asking Price: $599,000

Cash Flow: $316,637

Gross Revenue: $1,087,126

EBITDA: N/A

FF&E: $2,500

Inventory: $1,200

Established: 1990

29 Year Old Service Business

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Business Description

Its high-profit margin and consistent positive reviews indicate a steady revenue

This business has an excellent reputation that has taken nearly three decades to build and has carved out a niche offering repairs, installations, inspections and other services to a core group of residential homeowners in Contra Costa County. The business offers extremely high quality work for a fair price. The owners have bent over backwards to please customers to maintain their impeccable reputation and the name is extremely well-known in the community. The business has such an outstanding reputation that customers frequently request additional services, such as annual checkups, gutter cleaning and screen installation, maintenance services, and installation of new products. The owners have carved out a defensible niche working in a small geographic area with a stellar reputation and strong online reviews.

The business does zero advertising - the company relies 100% on word of mouth and referrals. A new owner could significantly increase the revenue of the business simply by taking on additional work that is requested by the existing customer base. After nearly three decades of hard work, the owners have scaled back their work week and are now extremely selective with who they decide to work with.

Repeat business is very rare in this industry, however, the business often receives repeat business from their customer base as they move homes or even 20+ years after their initial installation as their homes need this work again. Typical replacement periods in this industry are every 20 years.

The business offers highly competitive prices, yet maintains high gross margins. Average installation fees cost over $12k, and average maintenance services are approximately $500.

The owners are ready to retire and highly motivated to sell. Buyers do not need any specific industry experience. The owners also just purchased a new $35k truck that will be included in the sale. You will be provided with long-term training to ensure smooth transition, not to mention the company’s highly technically-skilled team of professionals that can help you run all aspects of the business.
Don’t miss out on the chance to be part of this $6 billion industry and call this business your own.

This sale is highly confidential. Please email for a complete 30+ page summary on this company.

***Please look for an email titled "Morgan & Westfield –“29 Year Old Service Business” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***

Detailed Information

Inventory:
Included in asking price
Employees:
3 FTE; 1 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Home Based
Home-Based:
This business is Home-Based
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Arthur Williams

Business Listed By:
Morgan & Westfield

Morgan & Westfield

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