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Asking Price$575,000
Revenue$975,000 EstablishedUndisclosed
Cash Flow$258,128 EmployeesUndisclosed
FF&E$80,000* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
This is a well managed full service insulation company locatedon Long Island and established for 10 Years. This profitable business specializes in Spray Foam insulation, but also installs fiberglass and cellulose insulation for residential and commercial projects.The business target area is experiencing remarkable growth in the growing energy saving market.The insulation industry as a whole is booming, especially the spray foam segment. Hotels, shopping centers, restaurants, housing and apartment complexes are going up in this geographic area.Growth and Expansion: This successful business offers a new owner stable revenues with upside potential. The current 2015 year was just shy of $1,000,000in sales. Gross sales for 2016 as of July 27th are $664,000. One of the owners does all the office work, budding and sales.Due to the demand of his time, he misses alot of the bids. One of the other owners works with the crew at the various jobs sites.The business has the equipment infrastructure in place to rapidly grow. However, the growth can be accelerated with the right management.The sellers admit that they are passing on a lot of business they do not have the key people to help them sell, bid and execute more work.This business can easily be doing $2,000,000 to $3,000,000 a year with the right team in place. Company has potential to be franchised.Sale Includes:Domain name which is Google Ranked in the top five for key words in its industry.$80,000 worth of insulation equipment.2 Self contained Rigs (Generator, Compressor, H30)1 Branded Pruis Sales Car1 Mech/ Crew Truck1 Trailer. Facilities:Seller rents a commercial warehouse.Support and Training:Full support and training will be provided. Seller would consider working for the new owner or possibly forming a partnership.Please call 1-877-735-5224 for further information. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$400,000.00 Down and 175,000 at 7% over 36 Months
Sale Reason:Unfortunately, there are just too many differences of opinion, as to what direction to take the busi
Ad #86991
Seller Reference #28576
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Nathan F. Goldstein
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