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- RE: Veteran-Owned American Flag And Pole Installer
- Contact: Richard Halterman
Quick Facts
Asking Price: | $275,000 | |
Annual Revenue: | $359,909 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $154,789 | |
Total Debt: | Not Disclosed | |
FF&E: | $22,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 2 | |
BBN Listing #: | 945010 | |
Broker Reference #: | 2003-17694 |
Business Overview:
The business for sale is an established flagpole installation company located in Virginia that caters to a wide range of clients, including residential, commercial, and government organizations. With a solid track record of over 10 years, this company has built a reputation for its expertise, professionalism, and exceptional customer service. There is nothing that compares to the heartwarming feeling the owner gets when hoisting the flag, the very first time. The business specializes in the installation of flagpoles specifically for displaying the American flag, making it an ideal investment for a retired veteran or civil servant with a passion for patriotism. The company covers the entire state of Virginia and has a loyal customer base, including government agencies, schools, and residential clients. The present owner of the business is willing to stay on and provide training to the buyer to ensure a smooth transition. This is an excellent opportunity for someone who is looking to own a profitable business with an established brand and customer base. The business has solid financials and offers a great opportunity for growth and expansion.
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Property Features and Assets:
Works from home, but if needed, a very small location might be necessary.
Assets = $310,000
Market Competition and Expansion:
Gates Flags in Lynchburg, VA as well as various other sign companies.
The owner has grown the business based on a strong technical understanding of the process, but a stronger understanding of management would make a difference in getting it to the next level. Direct mail campaigns may be an excellent way to grow the business. Part-time satellite people to repair flagpoles. Flagpole maintenance programs throughout the state using such employees marketed to large companies, and companies that manage properties. This could lead to more installations.
Reason for Selling:
The current owner’s age and desire not to manage employees.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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