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Business for Sale

Water Proofing and Mold Remediation
Fairfield County, CT

Listing #31018

   
Financial Information (non-confidential)
Asking Price $299,000.00 Gross Revenues $679,255.00
Down Payment $150,000.00 Owner’s Cash Flow $231,461.00

Financing: $150,000.00 Down and Balance over 3 yrs @ 5%

Reason for Selling:retirement

Owner MUST SELL this basement waterproofing and mold re-mediation company has been in business for over 10 years, and the owner has over 50 years of waterproofing experience. They operate in the Tri State area, covering Northern New Jersey, all of Connecticut and Long Island all five Boros, Westchester, Putnam, Dutchess and Orange County in New York. They are experts in completely drying out basements and crawl spaces. Owner just hired new full time salesperson They install the most effective waterproofing system available (as per research done by the University of Minnesota) and have an iron-clad warranty that the customer will NOT leak through the entire wall or floor, for as long as the customer owns the home, and is transferable on sale to one more owner. A PLUS ratting from the BBB. They do both commercial and residential work. Many leads come from Home Advisor. Margins are over 33%. Foundations are inspected from the inside and outside. They also will inspect for mold and, if found, offer a remediation solution.The company is a licensed and insured Home Improvement contractor, doing business in New York, New Jersey and Connecticut. They have done work for homeowners, builders, engineers, management companies and architects. They have an A plus rating with the Better Business Bureau, have thousands of satisfied customers, and can fix virtually any water problem. Financing option available. The new owner must have a strong sales background and be a closer. Business comes with 150-page Pitch Book. Just added a second installation crew due to increased sales and demand Added new salesperson. Owner can hire more salespeople, and seller can help the buyer put together more installation crews to expand. All are 1099 independent contractors. Two suppliers will deliver to any job site. Owner will stay for long training and transition period. This business is home-based, you just need a small garage space for some inventory. This is a unique opportunity. Seller has drastically reduced his asking price, MUST SELL- All OFFERs considered. Contact broker Joseph Stansky for more details.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg
Joseph Stansky Esq
Senior Business Broker
631-383-3109
jstansky@vestedbb.com
Servicing Area:
Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
Joseph Stansky Esq

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

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