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- RE: Residential-Drainage Constr., Design & Mitigation
- Contact: Ali Alyazdi
Quick Facts
Asking Price: | $2,100,000 | |
Annual Revenue: | $5,897,401 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $202,234 | |
Total Debt: | Not Disclosed | |
FF&E: | $148,717 | |
Real Estate: | $1,300,000 | |
Year Established: | 1981 | |
Employees: | 87 | |
BBN Listing #: | 999867 | |
Broker Reference #: | 8007-19130 |
Business Overview:
Market leading full-service residential drainage and structural remediation company with high sales volume, repeat business and strong customer loyalty. Company provides a specialized and a highly in-demand services to thousands of homeowners in the Greater Seattle area. Long term owner focused on top service quality, unmatched reputation and sales growth. The high sales volume and huge customer base provides new owner with the foundation to unlock significant additional profits through the implementation of pricing and operational strategies that bring financial ratios to industry averages.
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Property Features and Assets:
The property consists of office/warehouse buildings with gross building area of 2,800 SF situated on just under two acres of land with ample parking space. The property is owned by the business owner and is available for purchase or lease at the buyer's option.
Assets = $1,448,717
Market Competition and Expansion:
Robust Demand: The Seattle-area market demand for residential drainage construction and side sewer services is strong and is expected to remain strong in the future. Homeowners must address broken sewer lines or flooded basements regardless of market conditions. The demand is driven by aging infrastructure and rainy climate, plus additional tailwinds from construction growth and regulatory support for system upgrades. The Seattle residential drainage and side-sewer sector is expected to continue to see steady growth in the coming years.
Over the years, company has grown organically in response to clients needs. No proactive growth strategy was pursued or implemented. Significant growth is sales and profitability may be achieved quickly with proactive approach by new owner/manager with financial and managerial acumen.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
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
Relevant Links:
- View more Washington businesses for sale
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