Business For Sale

Profitable & Established Process Serving Company

Not Disclosed, FL
Palm Beach County

Palm Beach County


Asking Price: Annual Revenue:
$1,200,000 $1,140,071

Services: Non-classifiable


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RE: Profitable & Established Process Serving Company Broker: Russell Cohen

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,140,071
Net Profit: Not Disclosed
Cash Flow: $303,201
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 5
BBN Listing #: 31534955
Broker Reference #: 1043-14589

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Business Overview:

Reason for Sale: Retirement- Extremely Profitable & Established Process Serving company for sale. Established since 1994 servicing attorneys, Insurance adjusters, large corporations, Government, charities & more. Clients are based in the tri county area but seller services nationwide. Seller is semi absentee (12 hrs/wk) with experienced management in place running the business (non-compete!). 8 Process servers on 1099 State of the art industry management software. Great business hours Monday-Friday 8:30-5. No weekends/holidays! 2 private investigators on 1099. Great books & records. All figures are from Fed Tax Returns (15-17 tax returns on file). 8 out of the last 14 years the business has achieved $1 million + in sales. 2018 achieved $1.1 million +. & Owner Benefit of $300k. Very professional, expandable business.

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Property Features and Assets:

Approximately 10 rooms, 2 closets, 2 bathrooms and 1 kitchenette, in a total of approximately 2,000 square feet. This facility rents at a rate of $2,950.00 a month. They have been a tenant in this building since 1997 and originally were in another suite in the same building. Eight years ago, they moved to their present business suite. They have approximately one year and a half left on the lease, which ends May 2020. Their assists in addition to 24 years of goodwill with their clients, an extensive client list and years of experience and expertise in the industry, they have a great team to assist anyone in continuing to make this a successful business for many more years.

Market Competition and Expansion:

Although they have grown throughout the years by word-of-mouth, referrals from secretaries, paralegals and attorneys, in the last two years they moved into aggressive marketing with an in-house Marketing & Communication Director. She has been instrumental in re-vamping the website and brochures, placing them on social media sites like Facebook, Linkedin, Yelp and other similar platforms. They have a 5 Star rating with Google. Additionally, she researches and writes articles for their Blog, which is a very informative and educational tool for the industry. Together with the Vice President, she has created promotional programs that have helped us attract new clients.

Reason for Selling:

Retirement.

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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