MergerPlace

Best Waterproofing Business in Region

New Jersey (Passaic)


  • Asking Price: $350,000
  • Gross Income: $972,907
  • Cash Flow: $86,038
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $18,960
  • Listing ID: #201877
  • Established: 1990
  • Employees: 13 FT/1 PT

Business Description

Thriving, growing business looking for the right buyer to take it forward. 100% success rate with hundreds of positive references and excellent reviews. Perfect for masonry and general contractors along with skilled sales/operation experience. Don't miss this opportunity!


Business Details

Primary Business Category: Contractors - Special Trade
Location: New Jersey
County: Passaic

Company Information

Year Established: 1990
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 13 FT/1 PT

Financial Information

Asking Price: $350,000
Gross Revenue: $972,907
Cash Flow: $86,038
FF&E: $18,960
Inventory: $10,000
Seller Financing Available: No

Property Information

Facilities:

Two buildings house the business and equipment. Buildings are available for sale separately priced at $500,000 and $250,000. A lease is also available with option to purchase the buildings for the right buyer.

Growth & expansion opportunities:

Primed for expansion! Potential for growth will come from Annual Maintenance Contracts, additional sales staff, radon and mold mitigation. Also can add more commercial accounts.

Competition:

This is a mature market and industry so all competitors are established. This business has the best reviews of all the local companies in the region so they have the pick of jobs they want to take on. Excellent reputation with longevity-Plenty of work!

Reason for selling:

Selling for the right reasons! Owner is retiring after 26 successful years in business. If necessary, the owner will train the buyer and stay on for a period of 1-2 years to ensure the success of the company. Great opportunity for the right individual or company looking to expand into this market.

Support & Training:

Will train for 4 weeks @ no cost. The business specializes in residential and commercial waterproofing which consists of interior and exterior drainage systems, sump pump installations, excavation, driveway drains, injection and membrane waterproofing, structural repairs and mold remediation.

Contact Business Seller

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Business Listed By:

Daz Connell

Murphy Business Brokers