This foundation repair company is earning its absentee owner 385K. With applied effort, the new owner could conceivably increase revenue by an additional 30% or more. This wonderful opportunity has been SBA and bank approved. Ready for a buyer. The owner will train and ensure the success of the new owner. The company has a great website and wonderful name in the city with a reputation built on honesty, quality, and fair pricing.
Asking Price: $975,000
Gross Income: $1,523,000
Cash Flow: $388,903
Furniture, Fixtures, and Equipment ( FF&E): $175,000
Facilities: The owner of this highly profitable Foundation Repair company has built a retail store of all supplies that it takes to operate construction in foundations and drainage. The new owner will be able to rent from him on that same location with the supply store being upstairs in the other half of the building. The parking is great, though after a year, the current owner prefers the new owner move locations as his retail business for supplies is bringing heavy traffic.
Competition: The competition of PROFITABLE foundation repair businesses is slim. The current owner has it down to a fine art to maximize profit and he is not involved in the company. He is absentee and cash flowing nearly 400K a year.
Growth & Expenses: The amount of work that is needed in Kansas City is endless. Endless. Services offered are: Foundation repair, waterproofing, sump pumps, drainage, crack repair, wall straightening, wall stabilization, Stabil-loc piering, mud jacking, Egress windows, and more.
Financing: This opportunity has been SBA and bank approved
Support and Training: The owner will train and ensure the success of the new owner.