Niche Spray Foam & Cellulose Insulation Company

Not Disclosed, MI
Mason County

Asking Price: Annual Revenue:
$540,000 $713,354

Services: Construction, Contractors

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RE: Niche Spray Foam & Cellulose Insulation Company Broker: Seller of Business
Owner Financing is Available!
Limited seller-financing is available for qualified buyers.

Quick Facts

Asking Price: $540,000
Annual Revenue: $713,354
Net Profit: Not Disclosed
Cash Flow: $255,696
Total Debt: Not Disclosed
FF&E: $225,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 5
BBN Listing #: 957045079
Broker Reference #: 643

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Business Overview:

The Company is a fully licensed and insured provider of spray foam and cellulose insulation. With the purchase of a new spray foam rig in 2018, the Company now utilizes up to three rigs full-time year-round.

The Business and its customers eagerly await the day when COVID-19 restrictions will be lifted, and they will be able to restart operation. The Company has numerous projects lined up once it is permitted to reopen leading ownership to expect a sharp V-shaped recovery.

The owners work less than 5 hours each week! They have a highly skilled operations manager who oversees day-to-day operations.
Primary customers are local builders, with whom the Company has built strong relationships.

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Property Features and Assets:

The Company operates out of the facility of the owner’s other business. It uses about 2,500 square feet.

Market Competition and Expansion:

Investment Highlights Include: (1) Highly Profitable (2) Experienced Staff (3) Excellent Reputation with Local Builders (4) Low Owner Involvement (5) Relatively Low Competition (6) Pent-Up Demand from COVID-19 Growth and Expansion Pros and Cons: (1) Added Marketing Initiatives (2) Add Cavity Fill and Cement Lifting Applications (3) Hire Additional Crews (4) Expand Commercial Business

Reason for Selling:

Ownership owns a 2nd business that demands its tim

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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