Broker Info

Kendric Foultz, CBB Business Broker (310) 882-2200 ext 102 LIC# 01376005

Summary

Business for sale in Ventura County is a great little niche service business for the handyman minded individual. This is a GREAT Small BUSINESS! Owner is highly motivated and needs to move on. Bring all offers or miss out. This could be just the thing for someone who has been in the construction business in the past and needs something small to pay the bills, but with the prospect for growth. This looks to be a recession resistant business model as when things break you need to fix them. You don't need to worry about the real estate market as the company does no new construction. The business has obtained a number retail maintenance accounts and has a working data base of 2,700 customers. This business is growing! The business just added two new maintenance accounts for apartment buildings. The owner's current duties involve estimating, bookkeeping, and oversight of the two field crews. The 2008 gross was over $600,000 and while the revenue was lower in 2009 the profitability of the business was such that the owner made about the same profit. The asking price reflects a buyer who holds a B license. The owner is willing to sell to a non licensed individual as long as they are in the process of obtaining a license and will carry more insurance while operating under the current owner's license. The asking price under that scenario is $99,000. A full time dedicated owner should be able to grow this business in quick order. The landlord is open to a new lease under favorable terms or the business could be moved as it is not site specific. Call to today to set up a meeting and get your offer in on this little gem. For more information please register at www.bizex.net and give Kendric Foultz a call at 310-968-2369.

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