NOT DISCLOSED, Washington
| Asking Price |
$290,000 |
Year Established |
2021 |
|
| Annual Revenue |
$854,075 |
Reason for Selling |
Seller has other business interests he wishes to pursue. |
|
| Annual P/L |
|
Attention |
Aaron Muller |
|
| Annual Cash Flow |
$231,653 |
Listing Number |
981321 |
|
| # of Employees |
3 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
This is a successful insulation contractor company that focuses on residential homes in King, Snohomish, and Pierce Counties in Washington State. Unlike traditional insulation companies that tear out all the drywall which is a time-consuming, expensive remodeling process, this company utilizes a specialized, proven process that enables it to insulate a home with minimal intrusion. A 2,000-square-foot home is typically insulated in less than five hours for less than $5,000, which drives a three-year payback in energy savings generated. The company performs approximately 185 jobs per year with the average revenue per job being approximately $3,850. The business is part of a dealership network. It is not a franchise, so there are no franchise royalties to pay and you have the freedom to run your business the way you want. The company has 1 full-time foreman and 2 full-time helpers that do all the insulation work. There is also 1 salesperson who is on commission only. The owner works on average 30 hours a week doing general management, bookkeeping, purchasing supplies, and taking some sales calls. This is an excellent opportunity to take over an established, non-franchise insulation company and grow it to the next level.
Property Features and Assets:
<p>There is a logoed company truck and trailer included in the sale. All equipment is in good condition. The company leases a 120-square-foot office, 240-square-foot warehouse, and parking for the company truck for $975 / month all inclusive. The lease is on month-to-month and the buyer can relocate the storage facility if desired.</p>
Market Competition and Expansion:
<p>Customers love the unique selling proposition of insulating their homes without tearing out all the drywall, allowing them to enjoy increased comfort and lower energy costs. The company has an excellent reputation with glowing online reviews. The seller is organized. Processes are documented and the business utilizes QuickBooks Online and a CRM system.</p><p>The company’s ideal target market is homes that are 40 years or older. In King County, WA alone, there are over 330,000 homes that are 40 years or older. With fresh energy and a focus on marketing, a new owner can grow revenues and profits to the next level. </p>
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