Summary: 
Established repeat clients and consistent sales year over year with 44% profit margin
Business Type: 
service
Location: 
Nebraska
Price: 
$199,000
Sales Revenue: 
$185,757
Cash Flow: 
$82,504
Realestate Included: 
No
Internal Listing:: 
SER007
Reason for Sale: 
Transitioning

Description
Established repeat clients and consistent sales year over year with a reputation in the Lincoln Nebraska region for quality work at a fair price. Website name with great SEO and a Facebook page comes with the business as well as an A+ Better Business Bureau accreditation. This handy man service offers its clients a wide range of services including but not limited to: interior and exterior painting, custom deck construction, basement remodeling, new fence installation, and gutter repair and installation. In addition, to an extensive customer list, the business has vetted relationships with additional contractors to assist in larger jobs and increased sales revenues. Additional revenue generated from roughly 30 snow removal clients located in a close geographical area.

Cash flow in 2014 of $82,504 representing a 44% profit margin and a discounted list price of $199,000 which is over $48,000 less than the Fair Market Value of $247,512.

Financial Overview
List Price: $199,000
Gross Sales
2014: $185,757
Owner Profit/Cash Flow
2014: $82,504
Sales Trends: Sales increased 47% from 2012 to 2014
Profit Margin: 44%
Multiple: 3 *Multiples range from 1-5, with the average being 3
Valuation: [2014] Cash Flow x Multiple = Price
$82,504 x 3 = $247,512

Discounted List Price: $199,000

Assets Included in Purchase: $12,000
Equipment: $12,000 ( 6 snow blowers, post puller, post hole diggers, mitre saw, table saw and more)
Intangible Assets: 15 year history and customer list
AR: $1,255

*amounts may vary

Business Information
Year: 2000
Location and Service Area: Lincoln and surrounding communities
Lease: $575
Reason for Selling: Transitioning
Hours: as desired
Seller Training Period: 90 days
Growth Opportunities: staff 1099 subcontractors
Current Owner’s Responsibilities: Owner/Operator

Funding Example
Purchase Price: $199,000
20% Buyer Down Payment: $39,800
20% Seller Financing: $39,800
60% Bank Loan: $119,400

Net Operating Income after expenses and loan payments from above funding example equates to $53,180

Next Steps
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

Contact The Author of This Listing

Please include your contact info (Phone Number, Address, etc) and other important information.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
5 + 15 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
By submitting this form, you accept the Mollom privacy policy.