This established home inspection company has been in business for 10+ years and provides both residential and commercial inspections, as well as other services such as radon testing, mold inspections, and sewer line scopes. The business is operated out of a home-based office by a husband and wife team, along with 3 employees that do the majority of the inspections. In 2021, the sellers combined earned just over $200,000 from of the business. The $156,000 in SDE assumes one new single active owner who hires someone to replace one of the two owners operating the business with likely an office manager position.
The company has a protected territory in northwest Denver metro and is doing very little in terms of marketing. The majority of the business each year is from repeat referral sources like real estate agents, mortgage brokers, and past clients. Plenty of growth potential exists if a new owner wants to build a larger team of inspectors and market the companies services. The business has a 5 Star rating on Google and a very good reputation in their market.
The business has been pre-qualified for an SBA loan with roughly 15% down from a buyer with good credit. All details including financials will be provided with a signed NDA and Buyer Qualification Profile.
Financial Information
$315,000
Asking Price
$156,000
Cash Flow
$544,000
Gross Revenue
On request
Down Payment
Yes
Financing
$500
Inventory
Business Location
City:
Arvada
State:Colorado
Support / Training Comments
Seller will negotiate a transition period
Financing Comments
Business has been pre-qualified for SBA Loan with $150K + SDE