High-End Residential Lawn Sprinkler Repair in Ft Worth area

Springtown, TX
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Asking Price:$99,900
Gross Revenue:$60,372
FF&E:$10,000
Cash Flow:$52,115
Inventory:$3,000
Established Year:1990
BUSINESS DESCRIPTION

High-End Residential Lawn Sprinkler Repair in Ft Worth area

• Business is a residential lawn sprinkler system repair Company that has proudly been in business serving the Fort Worth area Since 1990
• Has thousands of clients and will hand over his cell phone with all client information upon closing
• Will participate in a smooth owner transfer program through training by accompanying the buyer on your first 20 sprinkler repairs, as well as being on call by phone for questions for up to a full year !
• This purchase includes (at no extra cost) a well maintained and great condition paid off work van which is built out with bins loaded with parts and all necessary tools and common fittings to last 6 months to a year. A rare electronic underground finding tool that isn’t made anymore is also included.
• Seller will teach you all the know how learned over 35 years of experience. The Seller was initially taught 35 years ago by a large company by riding along with 6 different technicians for 3 months each. This, along with his own 35 years of experience has taught him how to efficiently handle every single possible problem/ repair that will ever come up. He is happy to share these tricks of the trade with the new buyer. More tricks of the trade include knowing what brands of glue, fittings, electronic parts to use, and which brands to stay away from as well
• The Seller will explain the most effective billing program that has proven to be the most profitable/effective after years and years of trying out all different types of customer charges such as hourly, bid by job, cost-plus, service charge, minimum charge, transportation charge, trench digging, locator usage, etc. etc.
• Has always offered a 90-day warranty and has NEVER had to go back and fix a repair during the warranty period in 35 years!
• Great Customer List- Estimates 80% of his customers live in $1 million + houses who take pride in their lawn and landscaping. These customers rarely would work on the sprinklers themselves.
• Average invoice is an affordable $300 dollars
• This business is quite seasonal, allowing the buyer to have plenty of time making a living with another business, “side hustle” or additional business. The current Seller basically only relies on existing customer base and referrals. Or alternatively, the buyer could spend that time marketing and growing this business, as it already exists with a sparkling reputation.
• The Seller loves what he does, but due to due to health problems, and in retirement age, is Selling
• Will possibly consider short term owner financing, only along with a large down payment
• This business has an unheard of 86% profit Margin! Year after Year!
• His working Van, all supplies, fittings, tools, phone number, electronic locator device, and inventory are totally included in the Sales Price for no additional charge
• Based on loans given to small businesses by the SBA, (Small Business Administration) the average small business is sold for 2.97 times its S.D.E. (actual cash profit for an owner operator). The Seller is offering his Company at a reduced price close to 1.92 times its 2023 net profit. (Seller’s Discretionary Earnings) This makes Trinity Sprinklers “Quite The Bargain” for a business 34 years old !!!


DETAILED INFORMATION
Location
Springtown, TX
Inventory
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a home based business. Seller is active in the business with hours of operation on weekdays. $3,000 in Inventory and $10,000 in FF&E included in asking price. Assets include all necessary tools, vehicle and parts.
Support & Training
20 ride alongs
Reason for Selling
Retiring; has health issues
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Browning
Williams
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Browning Williams