INDIANAPOLIS, Indiana
| Asking Price |
$440,000 |
Year Established |
2023 |
|
| Annual Revenue |
$710,000 |
Reason for Selling |
Divorce |
|
| Annual P/L |
$0 |
Attention |
Henry Cohn |
|
| Annual Cash Flow |
$165,000 |
Listing Number |
1002644 |
|
| # of Employees |
5 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
This established and expanding insulation company is serving residential and commercial clients in the Indianapolis market. The business specializes in energy-efficient insulation solutions, including open-cell and closed-cell spray foam insulation for attics, crawl spaces, walls, retrofits and all construction projects. Additional services include blow-in insulation, fiberglass and concrete leveling.
Spray foam insulation is an essential service with strong demand, offering superior energy savings, moisture protection, and durability compared to traditional insulation methods. Limited direct competition with a high barrier to entry.
This business is on a strong growth trajectory with supporting financials, sales pipeline, bids and closing rate. Recent monthly revenue at $100K+. Good mix of commercial and residential jobs. Experienced staff and crew. The general manager has been with the business for three years with a strong background in construction services. The lead field technician has also been in their position for three years. Two additional well-trained technicians handle job production and a full time sales lead are on staff. Akurate Dynamics spray equipment, wrapped rig, and three pickups are all owned. 1500 square foot central warehouse with adjoining 1000 square foot office for vehicles, equipment, chemical inventory and employee amenities. Excellent location with freeway-visible signage. Preferred vendor relationship and pricing with Rhino Linings. Green business helping customers reduce energy consumption and improve efficiency.
Property Features and Assets:
<p>2500 SqFt central warehouse and office with loading dock and roll-up door</p><p> </p><p>Approx. $35K in PPE, spray guns and vehicle modifications</p><p> </p><p>Akurate Dynamics spray rig and Dodge pickup (Owned)</p><p>Toyota pick sales vehicle (Owned)</p><p>Nissa pickup GM vehicle (Owned) </p><p> </p><p>Chemical inventory $50K+ (varies)</p><p> </p><p>Strong ratings and reviews</p><p> </p><p>Call center</p><p> </p>
Market Competition and Expansion:
<p><br></p><p> </p><p>Recent success in commercial bidding with growing pipeline and closing rate.</p><p> </p><p>Can expanded marketing and bidding to areas of Indianapolis not currently targeted. </p><p> </p><p>Limited direct competition because of the higher barrier to entry compared to other construction services. Requires significant equipment investment and technician training.</p><p> </p><p>Growing inventory of aging homes and buildings in Indianapolis creating ideal market conditions. </p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity