Waterproofing Contractor - 20 Years In Biz

Jacksonville, FL
Duval County


Asking Price: Annual Revenue:
$700,000 $1,529,895

Services: Construction, Contractors


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RE: Waterproofing Contractor - 20 Years In Biz Broker: Anthony Rigney
License #: CQ1055334
Owner Financing is Available!
$300,000 for 8 years at 6% For qualified buyers.

Quick Facts

Asking Price: $700,000
Annual Revenue: $1,529,895
Net Profit: $471,787
Cash Flow: $471,787
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 11
BBN Listing #: 714254044
Broker Reference #: 778-17037

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Business Overview:

Waterproofing Contractor in business for over two decades with strong reputation. Primary customers are Commercial clients, Government and Condo Associations. Seller works only 30 hours per week and is ready to retire but will train a new owner. Willing to remain for up to one year. No contractor license needed. Business is on the upswing and on track for further growth. 2018 financials are full year from Federal Tax Return.

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Property Features and Assets:

Business is in process of being relocated due to owner selling the property. Rent for new location is estimated at $1,500 per month and is already factored in.

Market Competition and Expansion:

Seller currently does little or no marketing and does not even have a website. A new owner with more energy could benefit from its current growth and also add to it with an effective marketing strategy. This business has stood the test of time weathering the recession when many others failed.

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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