Here are some other businesses that you may be interested in:
Home Health & Companion Care Non-Medical
This company was established in 2015 with a very unique mission toprovide care and kindness to seniors in the community livingindependently in their own homes while also providing meaningfulemployment to other seniors in a caregiver position. The ownerestablished this business in 2015 and in the last few years has beenproviding basic oversight while working part time, 10-15 hours perweek. Unfortunately, the owner has been diagnosed with a seriousillness that she has been battling over the last 18 months and it isnow time for her to sell. There are two office managers who run theday-to-day operations, they are staying on board under newownership. There are also 30-35 Care givers who all are classifiedas part time and are W2 employees, there are no 1099 contractors.Several office functions such as payroll and bookkeeping areoutsourced. A new owner will only need to be there about 10 hours aweek. If a new owner wanted to grow, there is absolutely nomarketing or advertising and this could be something a new ownercould add. This business is producing a 35% margin and isannualizing $700,000 in revenue this year, the highest they haveever seen! Due to the owner’s illness, this business is being sold forunder fair market value at $630,000. There has already been a 3rd party bank appraisal and we have had 2 banks fully approve this with 10% cash down from the buyer. The most recent success story isthe addition of the VA contract that was awarded, which is one of thereasons they have seen year over year growth over the last 4 years.They are also covered under Medicaid and multiple long term careinsurance companies.To show her vested interest in the continued success of thebusiness, the owner has offered a 10% seller financing, plus will stayon up to 6 months or as long as her health will allow. Additionally,the franchise will provide support to the owner. If you would like toown this very meaningful company that provides a wide array ofservices such as companionship, transportation, meal preparation,and personal care, and make an impact on your community, you willneed 10% down which will return $100,558 in the first year after debt payments!
Wholesale of Niche Goods
Their distribution facility ships to over 800 B2B customers acrossthe Continental US, made up of truck stops, grocery storechains, ecommerce companies, and more. There is a good mixof wholesale clients versus dropship orders where no inventory isheld. The business has a highly diverse portfolio of more than 40vendors, such as Riddell, WinCraft, and Fremont Die. There is astrong leadership team in place, including a President,Controller, Purchasing Manager, and Sales Director, plus a fullwarehouse & shipping team. The tenured President will stay inplace as operator if the buyer desires. The owner resides out ofstate and has a very minimal role. The assets included arevalued at $2,025,000, these assets are licensed sports teamnovelty items, a forklift, extensive warehouse shelving, palletshrink wrapper, packaging equipment, pallet racking, andleasehold improvements. The company produced nearly $9M inrevenue in 2022, putting $1.2M to the bottom line. Boasting over300 types of products ranging across accessories, gifts, homegoods, and gear, they have something for every fan. They do notsell shoes, clothes, or sports equipment. Their most popularproduct brands include products associated with the NFL, MLB,NBA, MLS, NGH, Nascar, US Army, Jack Daniels, and HarleyDavidson.Priced at $5,700,000, this business includes 2 million in assets, astrong team, and solid reputation and history, putting a newowner in the perfect position to continue operating and growingsuccessfully. Over 3 decades ago, this company started with theteenage owner who sold his first baseball card; now over 30years later, this business thrives in the distribution of sportsproducts & highly recognizable brands. The owner is willing tofinance 10% and/or retain 5% equity, as a show of good faith inthe ongoing success of the business. A 10% down payment of$570,000 returns $618,947 in the first year after debt payments!
CDL Driver Training with DMV 3rd Party Testing
For over 20 years this niche business has been educating students to get their CDL with driver training classes. They have both classroom and active driver training using their 16 Semis. They are also accredited through the DMV as an official 3rd party CDL testing site with a truck driver. Throughout North America, this post high school career path brings students that are 70% from the Midwest states and 30% from across the US. They have a location in Nebraska, strategically located on the I-80 which is the most travelled US interstate for coast-to-coast hauling. The purchase price includes a fleet of 16 Tractor Trailer Semis, buildout classrooms, a full curriculum, plus a full class schedule as truck drivers remain in high demand throughout North America. Additionally, the owner is offering 10% financing plus a 2-year training period to ensure a smooth and successful transition. A tangible growth strategy is to add additional community colleges to their referral partners. After becoming licensed through their program, a driver can now earn $80,000/year for only a $4,000 investment into their tuition.Priced at $3,750,000, a 10% down payment of $375,000 returns $379,730 in the first year after debt payments. The owner has offered to carry 10% of the purchase price in order to show their vested interest in the continued success of the business moving forward. Many individuals who pursue CDL training may need to travel to Kearney, Nebraska, to attend the program; by providing on-site accommodations or partnering with local lodging establishments, they can offer convenience and comfort to out-of-town students. Additionally, having a restaurant space can provide meals and refreshments during training sessions, further enhancing the overall experience for students.