A rare opportunity to acquire a long standing niche home services provider in Louisville, KY. The company has served the community for over 40 years and offers multiple services directly to homeowners and commercial clients. Boasting strong and consistent financial results means this opportunity will garner a significant amount of attention from buyers. The owner operator has built a management team with various roles and responsibilities and developed systems to ensure the continued success of the business.
- Asking Price:
- $3,650,000 Furniture / Fixtures included
- Sales Revenue:
- $3,530,566
- Cash Flow:
- $620,004
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
The seller owns the facility and leases it back to the business. The real estate is included in the selling price.
Business Operation
- Expansion Potential:
-
The company could pursue additional complimentary services to its core offerings in order to further engage the customer base. Providers in this industry often see results from additional marketing efforts which may be pursued by a buyer.
- Competition / Market:
-
There are several businesses that compete in this industry, however since this company began dozens have gone out of business. As a result this company is a well recognized name in the community.
The segment of the business representing the majority of sales is part of an industry with a value of nearly $300M in 2022. By 2028 that same market is expected to reach $378M in value.
- Reasons for selling:
-
The owner would like to sell 100% of the business. He plans to coordinate charity work overseas.
- Trading hours:
-
Mon-Fri 8am-5pm: Emerg. Services Avail.
- Employees:
- 21 FT/2 PT
- Years established:
- 43
Other Information
- Financing available:
-
Lender pre-screened with $375K down.
- Furniture / Fixtures value:
- $291,000 - included in the asking price
