Statewide Leading Niche Service Company

Oklahoma City, OK
Oklahoma County

Asking Price: Annual Revenue:
$419,000 $500,000

Services: Home Improvement, Repair, Painting

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RE: Statewide Leading Niche Service Company Broker: Fred Phillips
Owner Financing is Available!
Super clean financials and excellent candidate for SBA financing with 10% to 20% down. Seller will also participate in financing with qualified buyer.

Quick Facts

Asking Price: $419,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $173,000
Total Debt: Not Disclosed
FF&E: $44,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 379655040
Broker Reference #: 7007-2807

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Business Overview:

This is the true definition of a niche business that operated as an essential business throughout the Covid-19 pandemic and continues to operate uninterrupted. The products sold are non-technical and marketed to residential and commercial customers. Every one of these items will be in need of repairs or servicing at some point in the life of the product. The repairs are easily done and take little time and effort. There are many accessories that can be added at the time of the sale to increase profits. Installation time can vary from one hour to several days depending on the scale of the job and gross profit margins can be 50 up to 500%!

Perhaps the best part of this business is the lack of any relevant competitor and a dominant presence in the Oklahoma City metro as well as the entire state!

There are various income streams within this business that make it multi-dimensional. The business adds 20 to 30 new customers per month that continually grow their already large customer base. These customers are very loyal and dependent on their services. Their location near a very busy thoroughfare provides easy access for walk-in customers, and they are constantly busy with telephone inquiries from customers across the state and out of state. This activity is generated with no proactive marketing.

This business has been growing over 10% annually over the last six years, with no marketing, and is definitely ready for a new owner to take it to the next level. This is an ideal business for an owner operator or for a family to own and operate.

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Property Features and Assets:

Location is very visible on major street. Operates from about 1500 sq. ft. and the lease is extremely reasonable at $7.00 / sq. ft..

Market Competition and Expansion:

Competition is extremely limited. They are the largest of its kind in Oklahoma. They differentiate themselves from competition in their professionalism, knowledge and expertise, and turnkey services. Although the phone rings off the hook and the owner can’t get to all the work, there are great opportunities for a more motived owner to quickly increase revenue by increasing operating days, adding a new employee, expanding to Tulsa, and increase advertising (they do no advertising).

Reason for Selling:

Owner & wife both retiring.

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.

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