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Residential-Drainage Constr., Design & Mitigation for sale in WA

Washington (WA)

Asking Price: Gross: Cash Flow:
$ 2,100,000 $ 5,897,401 $ 202,234

Furniture and Fixtures Value:
$ 148,717 (included in the asking price)

Inventory Value:
(not included in the asking price)

Real Estate:
$ 1,300,000 (included in the asking price)

Business Summary:
Market leading full-service residential drainage and structural remediation company with high sales volume, repeat business and strong customer loyalty. Company provides a specialized and a highly in-demand services to thousands of homeowners in the Greater Seattle area. Long term owner focused on top service quality, unmatched reputation and sales growth. The high sales volume and huge customer base provides new owner with the foundation to unlock significant additional profits through the implementation of pricing and operational strategies that bring financial ratios to industry averages.

 

   
Year Business was Established: 1981
   
Number of Employees: 43 FT/44 PT  
   
Facilities / Terms of Lease: The property consists of office/warehouse buildings with gross building area of 2,800 SF situated on just under two acres of land with ample parking space. The property is owned by the business owner and is available for purchase or lease at the buyer's option.  
   
Potential Growth/Expansion: Over the years, company has grown organically in response to clients needs. No proactive growth strategy was pursued or implemented. Significant growth is sales and profitability may be achieved quickly with proactive approach by new owner/manager with financial and managerial acumen.  
   
Competition: Robust Demand: The Seattle-area market demand for residential drainage construction and side sewer services is strong and is expected to remain strong in the future. Homeowners must address broken sewer lines or flooded basements regardless of market conditions. The demand is driven by aging infrastructure and rainy climate, plus additional tailwinds from construction growth and regulatory support for system upgrades. The Seattle residential drainage and side-sewer sector is expected to continue to see steady growth in the coming years.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Retirement.  
   
Seller Reference Number: 8007-19130
BusinessMart.com Listing Number: 318907
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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