MergerPlace

17 Yr. Johnson County Service

Kansas (Johnson)


  • Asking Price: $310,000
  • Gross Income: $546,782
  • Cash Flow: $142,630
  • Real Estate: Not Disclosed
  • Inventory: $5,184
  • FF&E: $64,947
  • Listing ID: #217635
  • Established: 2002
  • Employees: 9 FT / 1 PT

Business Description

Price reduced below market value. 2.18 X earnings. The owner has post-sale obligations and visions of retiring soon. Low overhead, home service popular in Johnson County, is a national brand. The seller has confidence in the business's future and will finance a portion of the sales price. The role of the company's owner is bidding the projects and managing all aspects of the business. Trained employees do the heavy lifting and provide these services with minimal supervision. This business has systems, controls and procedures to scale operations. The current owner has been content with the performance and has not pursued growth opportunities. New services proven successful in other markets have not been implemented. The addition of these services will keep employees working throughout the year and add to the bottom line.


Business Details

Primary Business Category: Services - Other Services
Location: Kansas
County: Johnson

Company Information

Year Established: 2002
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 9 FT / 1 PT

Financial Information

Asking Price: $310,000
Gross Revenue: $546,782
Cash Flow: $142,630
FF&E: $64,947
Inventory: $5,184
Seller Financing Available: No

Property Information

Facilities:

A 1,000 square foot facility with office space and warehouse/storage area is leased month to month for $1,000. A new owner can continue at the location or could easily relocate operations. This business could be incorporated as an extension to an existing business.

Growth & expansion opportunities:

This business has built a great reputation over the past 17 years. Repeat and referral business grows as more homeowners continue with their experience. The increase in repeat and referral business lowers customer acquisition cost and ultimately allows the business to be more profitable. No other leader in the industry. Growth is dependent on staffing capabilities.

Competition:

Ownership has worked hard to maintain a consistent, professional image for the past 17 years creating loyal customers. Only the best products are used; many of which are proprietary. A focus on making the entire customer experience professional has been a top priority. All marketing materials including website, brochures, logo wrapped vehicles, employee uniforms reinforce the national company brand. Customers calling this business talk to a live person who understands the business and is able to answer questions and give information. Customer proposals include photos, a detail description, and scope of work. Proposals are presented during the initial customer visit and also sent electronically which is much more advanced than any competitor. Many customers make product selections, approve proposals, schedule, pay and communicate electronically which is convenient for customers and maintains a very professional image. This company excels at technology.

Reason for selling:

Retirement and other business interests. The owner will remain in the area and will consult with the new owner.

Support & Training:

Will train for 4 weeks @ no cost Customer service and management skills are required to successfully operate this business. Proprietary products and systems provided by the franchisor insure great end results for the consumer, efficiencies for operators and ultimately a profitable operation. Field training for all products and services are easily transferable skills and are a part of the 10-day training program that is included. Prior experience in the home improvement industry would be beneficial but not required. Support from the home office is readily available when you need it.

Contact Business Seller

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Business Listed By:

Chris Kerth

Murphy Business Brokers