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- RE: Established Profitable CO Water Treatment Company
- Contact: Rick Carlson
- License #: 1820673
Quick Facts
Asking Price: | $500,000 | |
Annual Revenue: | $301,370 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $169,951 | |
Total Debt: | Not Disclosed | |
FF&E: | $166,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | 2 | |
BBN Listing #: | 951797 | |
Broker Reference #: | 1273 WATER |
Business Overview:
This company provides and installs water filtration systems in residential and commercial locations along the front range of Colorado (Ft. Collins down to Pueblo and mostly east of I-25). This business is an ideal acquisition for an industry buyer looking to expand their footprint in Colorado, and/or a service-focused individual/business looking to expand their portfolio.
This company enjoys a very favorable, reputable brand with a growing customer base (400+) coming from mostly word-of-mouth referrals. It is immediately profitable with efficient and highly mobile operations, with the head technician willing to continue on to ensure a smooth transition.
The demand for water treatment products and services continues to grow rapidly in Colorado, with a population increase estimated at 8 million people by 2040 (47% increase). Wells are prominent in Colorado, the majority of which require some level of water treatment due to high mineral content. Annual well permit requests in Colorado are at 4,000 and are expected to continue to increase as the population and resulting development and infrastructure expand.
This company is well-positioned for immediate growth and could easily be scaled into an expanded service area with additional technician support. This business provides essential water treatment services creating a recession proof revenue stream that also performed well during COVID.
The Seller is retiring and relocating to another state. He is looking for the right buyer to take what he has built and grow it to the next level.
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Property Features and Assets:
Roughly 1,000 square feet warehouse/workshop space with a 12 month transferable lease ($400/month).
Market Competition and Expansion:
Competition: There are two companies in this space who offer similar services, however, neither enjoy the strong reputation this company does. Customer feedback, and the level of repeat customers, indicate that this company provides superior service, excellent warranties, and prompt solutions creating a competitive advantage for the new owner.
Growth & Expansion: Growth opportunities include developing a larger referral network with construction-related industries (homebuilders for example) and attending trade shows. Developing a strong digital marketing plan would yield immediate results and would naturally augment the referral business currently in place. Water is an essential resource, and one so many residents and businesses focus on in terms of health and home maintenance.
Reason for Selling:
Retirement and relocation out of state.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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