Highly Profitable Water Business
Asking Price: | $2,750,000 |
Inventory: | $10,000 |
Established Year: | 2000 |
Cash Flow: | $2,200,000 |
FF&E: | $35,000 |
This water business is a leader in water purification and treatment systems across southern Wisconsin. For more than 20 years, they have helped consumers and businesses solve the persistent issues that come with hard water. This challenge, issued by Mother Nature, has created ongoing, consistent demand for their products and services.
The owner operates multiple successful businesses — as explosive as the growth in Revenue has been, is needing to focus on his other business interests. A new buyer will benefit from the reputation of the business (4.7-Star Google Reviews), brand strength, and most of all, the 10X+ revenue growth that has been generated in a relatively short period of time.
Although the business is based in Dane County, Wisconsin, it services a much broader area covering much of south central Wisconsin. Dane County is the fastest growing county in the state of Wisconsin, followed by Waukesha County where much of the company’s Revenue is generated.
Of particular importance is the opportunity to scale Revenue through Marketing. The business does not have a Customer Relationship Management (CRM) system in place. Deploying this fundamental technology opens the doors to nurture 15+ years of former customers that haven't been touched.
The broker, Collaborative Commercial and its sister firm, Fifth Degree Marketing, is including a $5,000 Marketing consulting package to help the new owner develop an integrated Marketing plan to help drive Revenue.
UPDATE [6/14/24] - The company is seeing continued strong Revenue - $160,000 in just the first half of June!
PLEASE NOTE: The business can only provide 12 months of P&L financials due to a change in ownership in 2023, however, bank statements and the 2023 tax return will be provided to verify Revenue and Expenses. This may be an excellent opportunity for cash buyers that aren't restricted by traditional lenders.