Lucrative Niche Service Related Business
Location: Hawaii > Hawaii County > West Hawaii, Big Island
Industry: Home and Garden > Household Maintenance
Financials
Asking Price: $450,000
Gross Revenue: $285,000
Cash Flow: $260,000
FF&E: $35,000 (Included in Asking Price)
Seller Financing: Seller is open to lower all cash offers. Seller financing: $90K over 5 years, at 7.5%, payments of $1,803.42
Business Summary
If you desire a Quality of Life business that is hands on in a niche service industry that has netted over $250K a year, then this is one to take a closer look at. In just over five years time the industry expert owner has used his proprietary techniques and brands to build a very lucrative business within its industry. The business model is low key and somewhat simple to understand, with the true value being in the name, proprietary knowledge of the owner, and the clientele.
The specific industry of the business will only be disclosed to qualified buyers who have signed a Non-Disclosure Agreement as it is confidential. However, it can be noted that this is a business that requires hands on work and is service based. The owner is ready, willing, and able to train a buyer who has some handy work experience, and does not feel that industry experience or knowledge is necessary. The most important traits of a good buyer for this business would be someone who likes hands on work, has solid business management experience, and people skills. This is also a good fit for someone who like a flexible schedule, autonomy, and a beautiful work environment.
The business is sustained and grown through a solid clientele and referral base. The workplace is a delight, representing some of the most beautiful luxury homes in the islands, and is different almost every day. The clientele are a blend of property owners and managers who appreciate the relationship element of working together. The services offered by this company are essential to the market and seen as high value services. The industry itself is seen as a very stable and growing one. However, it is sometimes one that flies a bit under the radar. The proprietary techniques and somewhat hard to crack market provide good barriers to entry and solid sustainability for this company.
Financially, the business is quite simple and strong; high margin and low overhead. The owner benefits from having essentially no employees, and gets to work in high end homes with great mutually appreciative clients. In 2007, the owner was able to pull apx. $260,000 from the business, and with a couple growth opportunities the owner has highlighted, that has the potential to grow even further under the energy of a new owner. This is all done with the owner working less than a full schedule! All in all this is a hard to beat opportunity. It offers exceptional quality of life elements, and a very solid business foundation, including, relatively low risk, lucrative cash flows, growth potential, and a sustainable business model! Don't hesitate!
About the Business
Year Established: 2003
Market Outlook and Competition: The company enjoys a strong relationship with the industry with the appropriate referal bases that keep business coming as the owner chooses. Their is a strong relationship between the referal base and the owners and the clients are happy to pay for the services rendered. The reputation of the company will provide a solid foundation for a new owner to continue to succeed and grow the company!
About the Sale
Management Training and Support: Investment Highlights: - Excellent Quality of Life - Strong Cash Flow - ROI well above 50% - Growth Opportunities - Stable and Growing Industry - Barriers to Entry - Non-Specific Buyer Requirements - Exceptional Work Environment - Low Stress - Simple and Effective Business Model - Minimal Overhead/High Margin = Minimal Risk
Reason For Selling: Wants to move family to Australia
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Listing Tools
BizQuest ID:906768
Seller ID:41030273
Business Listed By
Name:Josh Mason
Company:VR Business Brokers
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.