MergerPlace

Established Process Serving Company

Florida (Palm Beach)


  • Asking Price: $1,100,000
  • Gross Income: $1,135,155
  • Cash Flow: $271,023
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $20,000
  • Listing ID: #211139
  • Established: 1994
  • Employees: 4 FT / 1 PT

Business Description

Reason for Sale: Retirement- Extremely Profitable & Established Process Serving company for sale. Established since 1994 servicing attorneys, Insurance adjusters, large corporations, Government, charities & more. Clients are based in the tri county area but seller services nationwide. Seller is semi absentee (12 hrs/wk) with experienced management in place running the business (non-compete!). 8 Process servers on 1099 State of the art industry management software. Great business hours Monday-Friday 8:30-5. No weekends/holidays! 2 private investigators on 1099. Great books & records. All figures are from Fed Tax Returns (15-17 tax returns on file). 8 out of the last 14 years the business has achieved $1 million + in sales. 2018 achieved $1.1 million +. & Owner Benefit of $270k. Very professional, expandable business.


Business Details

Primary Business Category: Services - Business
Location: Florida
County: Palm Beach

Company Information

Year Established: 1994
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 4 FT / 1 PT

Financial Information

Asking Price: $1,100,000
Gross Revenue: $1,135,155
Cash Flow: $271,023
FF&E: $20,000
Seller Financing Available: Yes

Property Information

Facilities:

Approximately 10 rooms, 2 closets, 2 bathrooms and 1 kitchenette, in a total of approximately 2000 sq. ft. This facility rents at a rate of $2950.00 a month. They have been a tenant in this building since 1997 and originally were in another suite in the same building. Eight years ago, they moved to their present business suite. They have approximately one year and a half left on the lease, which ends May 2020.

Growth & expansion opportunities:

Although they have grown throughout the years by word-of-mouth, referrals from secretaries, paralegals and attorneys, in the last two years they moved into aggressive marketing with an in-house Marketing & Communication Director. She has been instrumental in re-vamping the website and brochures, placing them on social media sites like Facebook, Linkedin, Yelp and other similar platforms. They have a 5 Star rating with Google. Additionally, she researches and writes articles for their Blog, which is a very informative and educational tool for the industry. Together with the Vice President, she has created promotional programs that have helped us attract new clients.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ $0 cost.

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers