Basement Waterproofing System Installation - Established 40 Years

Asking Price$750,000

Cash Flow
$236,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$50,000
Included in asking price
FF&ENot Disclosed

Real Estate$314,000
Included in asking price
2 acreas of Industrial Land
11 Overhead Doors
85% of all basements leak
Save1/5

Basement Waterproofing System Installation - Established 40 Years


Asking Price$750,000

Cash Flow
$236,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$50,000
Included in asking price
FF&ENot Disclosed

Real Estate$314,000
Included in asking price
Business Description
Price includes:
5,000 sq ft block building with 11 overhead doors valued at $314,000 (included in price)
2 acres industrial zoned land (Included in price)
$190,000 in Trucks, tools & equipment (Included in price)
$50,000 in materials inventory (Included in price)

Year Round Work - Being that all work is done inside the basement, our crews enjoy year round work.

Well Advertised - Company is well advertised and branded over the past 40 years and consumers search for us specifically by company name on Google.

High Referral Rate - 30% of our customers are from referrals

Google Results - 30% of consumers search for us by our trade name

Strong Need - 85% of all basements leak creating a great need for our service.
90% of all block basements leak within the 1st 20 years.

Trade Areas - We cover Northeastern PA, Central PA and Broome County area of NY. Company is easily relocated to any location which is accessable to these service areas.

Repeat Sales - High repeat sales from our large customer base.

A+ rating with Better Business Bureau and -0- complaints

Relocatable - Business is easily relocatable and is a great add-on to an existing home improvement company.

Existing home improvement companies like plumbing, HVAC, landscaping, roofing, masonry, rain gutters, can easily use their existing crews to install our system.

Easily Expandable - Business is ripe for multiple expansion opportunities in both territory covered and services offered.

Business can be purchased separately from Real Estate
About the Business
Years in Operation
42
Currently Relocatable
Yes
Facilities & Assets
5000 sq ft building valued at $314,000 is INCLUDED IN PRICE

Aprox $190,000 Trucks, Tools & Equipment is INCLUDED IN PRICE

Aprox $50,000 Materials Inventory is INCLUDED IN PRICE
Market Outlook / Competition
Rainfall, melting snow, thunderstorms and the need to finish off basement to create additional living space drives consumers to our business. 85% of all basements leaks at some point. 90% of all block basements will leak withing the first 20 years.
Opportunities for Growth
LOTS of growth opportunities exist
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
5,000
About the Sale
Seller Motivation
Retirement after 40 successful years
Transition Support
Owner will provide 2 months of part time in-person training / assistance

Owner is available after 2 months by email or cell phone for assistance and guidance
Listing Info
ID
2387835
Listing Views
414
Attached DocumentsAttachment Disclaimer

Building PDF.pdf


Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Robert Korsk

Listing ID: 2387835 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.