Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Residential Service Company – Rockford Illinois For Sale

Rockford, Illinois, US
Asking Price:
$460,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,898,706
Cash Flow:
$196,101

This residential service company located in Rockford, Illinois provides services to homeowners through its in-house staff and network of subcontractors. The Company is a full-service provider within its trade, assisting customers from start to finish of the project. Its workforce operates highly independently and possesses significant experience in their individual roles. The Company possesses an outstanding reputation, with customers regularly noting the exemplary service they receive from all levels of staff. With this reputation, the Company receives the majority of its customers through referrals, with a repeat customer rate above industry averages.

This opportunity is ideal for a local entrepreneur looking to complement their existing portfolio, an individual looking to step into business ownership, or an existing service business looking to access a new market.

With a current project pipeline of $600-650K, the Company is well positioned for continued success and holds potential to scale beyond historical levels. The Company has generated consistent financial performance over recent years, with healthy margins. A new owner pursuing further growth could hire additional staff to increase its capacity, develop a second location, or increase the number of in-house services offered. The local market features ample opportunity to scale beyond current levels through partnerships with other local businesses.

Current ownership is seeking to sell the Company to pursue retirement. Remaining committed to the continued success of the Company and its employees, ownership is willing to assist in a transition period of 1 year following the completion of a transaction. The facility is owned by a related entity and is available for sale alongside the Business.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.

Property Information

Real Estate:

Real Property Included

Location:

Rockford, Illinois

Premises Details:

Updated facility with ample room for current operations and capacity to support future growth. The facility is owned through a related entity with an appraised value of $500,000.

Business Operation

Expansion Potential:

Growth Opportunities Include:
1. Expand Workforce
2. Pursuit of Builder Relationships
3. Increased In-House Services
4. Attend Home Shows

Competition / Market:

Investment Highlights Include:
1. Tenured and Experienced Workforce
2. Outstanding Local Reputation
3. High Volume of Customer Referrals

Reasons for selling:

Ownership is seeking to pursue retirement.

Employees:
8

Other Information

Support & training:

Ownership is willing to assist in a transition for up to 2 years in a decreasingly active role.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Limited Seller-Financing Available for Qualified Buyers.

Furniture / Fixtures value:
$276,210 - included in the asking price
Inventory / Stock value:
$225,614 - included in the asking price