Seller's Contact Information
- RE: Remotely Operated Project Management
- Contact: Jared Olson
Quick Facts
| Asking Price: | $1,190,000 | |
| Annual Revenue: | $4,073,149 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $683,294 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1993 | |
| Employees: | 2 | |
| BBN Listing #: | 699234398 | |
| Broker Reference #: | CBI029-D |
Business Overview:
There is a strong backlog for 2023 and with this business model, there is no self-performing labor making the capex very low! With their clients and contractors across the country, plus having no physical location, this business is fully relocatable and can be managed from anywhere! This remotely operated commercial remodel and renovation business is working for repeat, long tenured clients across the United States such as Leslie Pools and Michaels! The W2 staff consists of 1 office administrator and 1 supervisor. Additionally, they have a vetted group of regional contractors that have been used numerous times in the past and can be called for projects as they come in their specific area. Established in 1993, this business has an industry leading reputation in their field and currently has no marketing services in place due to their high levels of repeat customers and referral-based work. The current owner of this establishment handles project oversite and client relations. He is looking to retire, but to make the transition process as easy as possible, he has offered a training period of up to 1 year for a new owner.
Priced at $1,190,000, a 10% down payment of $119,000 returns $260,258 in the first year after debt payments! A 218% return on investment! This business would be an ideal opportunity for a new entrepreneur looking to buy a business with tenured established, no equipment needed, and the owner is willing to carry 20%. This could also be a good fit for a strategic buyer wanting to expand their geographic client base or expand into the commercial space. Either way, with their long-standing reputation for customer service and flexibility, extensive growth opportunities, and streamlined operation this business has an excellent foundation to expand upon.
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Property Features and Assets:
Location: Owner’s home is in Florida, though there is no office and is remotely operated.
Reason for Selling:
Retirement planning
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
Documents:
Relevant Links:
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