Seller's Contact Information
- RE: Gutter Installation Business (SBA Pre-Qualified)
- Contact: Will Simmons
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $826,909 | |
Net Profit: | $375 | |
Cash Flow: | $217,825 | |
Total Debt: | Not Disclosed | |
FF&E: | 125,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1997 | |
Employees: | 4 | |
BBN Listing #: | 402162509 | |
Broker Reference #: | Not Disclosed |
Business Overview:
The business has been servicing customers in New England for nearly 3 decades. The company is based in Merrimack County, New Hampshire and specializes in gutter installation for residential properties. The business’ longtime success in the industry is attributed to their care for professionalism, cleanliness, and efficiency with all their services. What sets the business apart from its competitors is the quality of the work; jobs are done right the first time, with no need for the customer to schedule a follow-up. Consequently, customers do not have to deal with the hassle of repair and maintenance.
The business specializes in gutter installation and provides a unique service for each client by assessing their needs regarding water management, design, and color of desired gutters. Most new clients come to the business through referrals from existing customers, who trust the business and have worked with the owner and his team for years. Business has grown rapidly during the last three years because of their outstanding reputation with builders, architects, contractors, and homeowners. The owners have instituted a pricing strategy that is yielding high levels of profit.
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Property Features and Assets:
The business is home-based in Merrimack County, New Hampshire. The owners are currently in the process of selling their home and will help the new buyer to find a commercial space in New London to continue operations, if needed.
Market Competition and Expansion:
The few competitors that the business has in the region pose a mild threat to the business. Even if a competitor’s quote is more expensive, customers might choose to go with the competitor due to referrals. However, this can be mitigated through further business growth and outbound marketing, which will help build a stronger referral base for the business as well. Optimization of Digital Marketing: The majority of the business’ growth has been organic, with a main mix between repeating customers and customers acquired through referrals of old customers. By investing into digital marketing, running Google Ads and enhancing their website’s Search Engine Optimization (SEO), there is huge potential for growth in the business.
Reason for Selling:
Retiring
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
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