17 Yr. Johnson County Service - Price Reduced

Not Disclosed, KS
Johnson County

Asking Price: Annual Revenue:
$310,000 $546,782

Services: Cleaning

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RE: 17 Yr. Johnson County Service - Price Reduced Broker: Chris Kerth

Quick Facts

Asking Price: $310,000
Annual Revenue: $546,782
Net Profit: Not Disclosed
Cash Flow: $142,630
Total Debt: Not Disclosed
FF&E: $64,947
Real Estate: Not Disclosed
Year Established: 2002
Employees: 10
BBN Listing #: 68604955
Broker Reference #: 5513-15355

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Business Overview:

Price reduced below market value. 2.18 X earnings. The owner has post-sale obligations and visions of retiring soon. Low overhead, home service popular in Johnson County, is a national brand. The seller has confidence in the business's future and will finance a portion of the sales price. The role of the company's owner is bidding the projects and managing all aspects of the business. Trained employees do the heavy lifting and provide these services with minimal supervision. This business has systems, controls and procedures to scale operations. The current owner has been content with the performance and has not pursued growth opportunities. New services proven successful in other markets have not been implemented. The addition of these services will keep employees working throughout the year and add to the bottom line.

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Property Features and Assets:

A 1,000 square foot facility with office space and warehouse/storage area is leased month to month for $1,000. A new owner can continue at the location or could easily relocate operations. This business could be incorporated as an extension to an existing business. Assets= $70,131

Market Competition and Expansion:

Ownership has worked hard to maintain a consistent, professional image for the past 17 years creating loyal customers. Only the best products are used; many of which are proprietary. A focus on making the entire customer experience professional has been a top priority. All marketing materials including website, brochures, logo wrapped vehicles, employee uniforms reinforce the national company brand. Customers calling this business talk to a live person who understands the business and is able to answer questions and give information. Customer proposals include photos, a detail description, and scope of work. Proposals are presented during the initial customer visit and also sent electronically which is much more advanced than any competitor. Many customers make product selections, approve proposals, schedule, pay and communicate electronically which is convenient for customers and maintains a very professional image. This company excels at technology. This business has built a great reputation over the past 17 years. Repeat and referral business grows as more homeowners continue with their experience. The increase in repeat and referral business lowers customer acquisition cost and ultimately allows the business to be more profitable. No other leader in the industry. Growth is dependent on staffing capabilities.

Reason for Selling:

Retirement and other business interests

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 a franchise resale opportunity.

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