Large Client Base And Diversified Services At Cent
Not Disclosed, IA Polk County
Central Iowa
Asking Price:
$489,000
Annual Revenue:
$675,325
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- RE: Large Client Base And Diversified Services At Cent
- Contact: Cortney Sells
Owner Financing is Available!
Purchase Price: $489,000
10%
Buyer Down Payment$48,900
10% Seller Financing or Equity$48,900
80% Bank Loan$391,200
A 10% down payment of $48,900 returns $70,422 in the first year after debt payments!
Quick Facts
| Asking Price: | $489,000 | |
| Annual Revenue: | $675,325 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $139,952 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2011 | |
| Employees: | 8 | |
| BBN Listing #: | 378134398 | |
| Broker Reference #: | TRA005 |
Business Overview:
This Iowa-based Irrigation Company boasts over 900 clients operating out of Des Moines. Services include irrigation systems installation and maintenance, backflow testing, and winterization. Five irrigation/service techs provide estimates and perform field work and installation. With a loyal client base, the next owner will benefit from a trusted reputation, an experienced team, simple growth opportunities through online marketing, and $254k in assets.
Most residential installations take less than a day to complete, with commercial projects lasting around 2-7 days. As the techs are staff are greatly experienced (with two licensed for backflow testing), they can respond to 8-10 service calls per day, working in pairs. Ready and able to expand, many of the company’s clients have inquired about additional services that may be offered. These growth opportunities include a lawn care division, as well as providing landscaping services for their great number of clients.
A website and Facebook are currently utilized, but as flow of business is generated through word-of-mouth, the strengthening of the online presence holds great potential (especially in conjunction with an expansion of services). Both owners provide general oversight for operations (splitting between office work and service/installation tasks). They are looking to pursue new non-competing ventures and are open to a sale of the client list to someone already in the industry.
Priced at $489,000, a 10% down payment returns $70,422 in the first year after debt payments, making this an investment that you won’t want to miss out on!
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
3,000 square feet for $2,850/month.Market Competition and Expansion:
Growth Opportunities: Expand general services to lawn care and landscaping | Strengthen online marketing presence.Reason for Selling:
New non-competing ventures.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Iowa businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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