Niche Home Services Provider
Worcester County, MA
| Asking Price: | $2,975,000 |
| Gross Revenue: | $2,400,000 |
| FF&E: | $200,000 |
| Established Year: | 1958 |
| Cash Flow: | $763,000 |
| Inventory: | $160,000 |
| Real Estate: | $400,000 |
Listing ID: 2260741Listing provided by BizBuySell
BUSINESS DESCRIPTION
This niche service business provides services directly to homeowners and businesses. In addition to providing door-to-door services, the company has recurring revenue tied to annual programs and the sale of its proprietary products. For over 50 years, it has served Massachusetts, Southern New Hampshire, and Rhode Island. By expanding deeper into its current space and to other areas in New England, the business has the potential to grow exponentially.
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Owned
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operates in a leased 7,150 sq ft light industrial building owned by the Owner in a separate entity. The current rent is within the average range in the area. The property is available for lease or purchase.
Easily relocatable. Business is available for purchase and relocated.
Competition
- Limited regional competition.
- Longstanding clients who rely on the company.
- 30% of annual revenues are recurring.
- Service could be expanded throughout New England.
- Less than 3% market share in Massachusetts
- Programs sold nationally could also be expanded.
- Trained licensed employees in place.
- The business could be regionally relocated.
- Tuck-in or Bolt-on opportunity for an Oil Heat distributor/dealer.
Growth & Expansion
. For over 50 years, it has served Massachusetts, Southern New Hampshire, and Rhode Island. By expanding deeper into its current space and to other areas in New England, the business has the potential to grow exponentially. Expansion of products sales possible through greater internet activity.
Financing
Some seller financing available to a well-qualified buyer.
Support & Training
The seller will assist in the transfer of the business.
Reason for Selling
Seller wants to pursue opportunities in manufacturing.
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