Business Overview:
Recession resistant, this is a service that every residence and business must have! There are high barriers to entry, therefore few competitors. In parts of the service area (Larimer & Weld Counties) the only competitor is an impersonal mega-corporation, with many dissatisfied customers. The owner has preferred to keep the business to a size that one person can handle. But, it doesn’t have to stay that way. The new owner can keep the company small and complete the routes themselves, or hire an employee with a Class B Commercial Driver’s License and concentrate on marketing, management and building the company. Current marketing consists of a phone book ad, that is it. Direct selling of this service should yield significant revenue increases. Expanding the service area is also an option. Most customers are pre-pay or COD, so there are no cash flow issues. However, growth requires capital investment. Since beginning operations in 1999, this company concentrated on serving the construction industry. In 2006 approximately 80% of revenues came from the construction industry. With the slow down in the local construction market, the company was forced to diversify its customer base. Today, only about 15% of revenues came from the construction industry, with 40% from residential & small farms and 45% from commercial customers. These new customers are here to stay. So, when construction comes back, this company is poised double its revenues. If you ever wanted to buy a business in Colorado, this is it: 1. absolutely necessary service, 2. few competitors, 3. high barriers to entry, 4. low employees, 5. under served market place, 6. profitable, and 7. imminent expansion. The seller will train as necessary.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Market Competition and Expansion:
There are high barriers to entry, therefore few competitors.
Reason for Selling:
Retirement, health issues
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.