Asking Price:$700,000
Cash Flow:$471,787
Gross Revenue:$1,529,895
EBITDA:$357,693
FF&E:$200,000
Established:1997
Business Description
Waterproof Contractor – Great Cashflow
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.
Detailed Information
Location: Jacksonville, FL
Employees: 11
Facilities: Business is in process of being relocated due to owner selling the property.
Growth & 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. Plenty of room to grow by bidding more jobs and expanding into other markets.
Financing: 300,000 for 96 months at 6%
Support & Training: 4 Weeks at No Cost. A longer period can be negotiated if necessary
Reason for Selling: Retirement