Residential Service Company
Rockford, IL Not Disclosed
Rockford, Illinois
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- RE: Residential Service Company
- Contact: Calder Capital
Quick Facts
| Asking Price: | $460,000 | |
| Annual Revenue: | $1,898,706 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $196,101 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $276,210 | |
| Real Estate: | $500,000 | |
| Year Established: | Not Disclosed | |
| Employees: | 8 | |
| BBN Listing #: | 938418 | |
| Broker Reference #: | 244 |
Business Overview:
This residential service company located in Rockford, Illinois provides services to homeowners through its in-house staff and network of subcontractors. The Company is a full-service provider within its trade, assisting customers from start to finish of the project. Its workforce operates highly independently and possesses significant experience in their individual roles. The Company possesses an outstanding reputation, with customers regularly noting the exemplary service they receive from all levels of staff. With this reputation, the Company receives the majority of its customers through referrals, with a repeat customer rate above industry averages.
This opportunity is ideal for a local entrepreneur looking to complement their existing portfolio, an individual looking to step into business ownership, or an existing service business looking to access a new market.
With a current project pipeline of $600-650K, the Company is well positioned for continued success and holds potential to scale beyond historical levels. The Company has generated consistent financial performance over recent years, with healthy margins. A new owner pursuing further growth could hire additional staff to increase its capacity, develop a second location, or increase the number of in-house services offered.
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Property Features and Assets:
Updated facility with ample room for current operations and capacity to support future growth. The facility is owned through a related entity with an appraised value of $500,000.
Market Competition and Expansion:
Investment Highlights Include:
- Tenured and Experienced Workforce
- Outstanding Local Reputation
- High Volume of Customer Referrals
Growth Opportunities Include:
- Expand Workforce
- Pursuit of Builder Relationships
- Increased In-House Services
- Attend Home Shows
Reason for Selling:
Ownership would like to pursue retirement.
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:
Relevant Links:
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