Location: Northern Michigan
Industry: Business & Residential Services
Listing ID: CK240119HS
Status: Sold
Listing Description
This business is a highly profitable business with diverse revenue channels and significant strategic advantages over its competition. Due to the nature of the business and geographies served, details on the business need to be held in confidence until a Non- Disclosure Agreement is executed by interested parties.
This business provides various service offerings to residential, commercial and government accounts. The nature of their business is one of the most recession-resistant industries.
This business could be ideal for either an Owner/Operator, a strategic or a financial buyer.
Listing Details
Total Sales: $846,028
Cash Flow: $457,668
FFE: $1,313,820 (Included in Price)
(Included in Price)Real Estate: $850,000 (Included in Price)
Reason For Sale:
Retirement
Training & Support:
Owner is willing to assist the new owner in a smooth transition to ensure they have a solid grasp on their business and to assist in the planning to grow the business.
Operation
Year Established: 1983
Employees: 3
Location
Facilities Information:
The business has some strategic advantages, which includes facets of its location and facility, thus the owner would prefer to sell the business with the real estate.
Summary
Competition:
Competition is of little significance and the company has remained the familiar and best-known brand. In addition, the company has strategic advantages that make it difficult for competitors to enter their market.
Potential Growth:
The company is positioned for continued growth in its core business lines, especially in light of reduced competition.
Financing/Terms:
The seller is willing to provide necessary seller financing for buyer to secure SBA financing.