Steve Lukes
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New Business For Sale: Pool service, 90% repeat revenue. Affluent areas
February 08, 2024 by Steve Lukes
Steve Lukes just launched a new listing: Pool service, 90% repeat revenue. Affluent areas Pool service, 90% repeat revenue. Affluent areas Asking: $890,000 • Gross: $674,166 • Net: $290,027 40-year-old pool and spa service in affluent area of LA County (West LA area) with 90% of revenue from repeat customers is available. The owner is retiring and currently works about 15 hours per week. Customer accounts are a blend of commercial and residential. Growth opportunities are available geographically and by marketing the business, they are not marketing today. Subcontractors handle most of the services. 90% of revenue is from repeat customers Owner is retiring 40% net margins Affluent area clients (Pacific Palisades, Santa Monica, Beverly Hills, Marina Del Rey, and Culver City) Owner works 15 hours per week Subcontractors perform the services Long duration of customers California C 53 license is needed, not difficult to acquire.
New Business For Sale: 9 yr old eCommerce with healthy margins
January 24, 2024 by Steve Lukes
Steve Lukes just launched a new listing: 9 yr old eCommerce with healthy margins 9 yr old eCommerce with healthy margins Asking: $495,000 • Gross: $2,025,801 • Net: $186,306 A 9-year-old eCommerce company in the Los Angeles area is available for a 100% buyout. Semi-absentee owner and the owner lives overseas and is looking to retire. The business has both B2B and DTC revenue from their own website, Amazon (95% of revenue), Walmart and Ebay. Light manufacturing of the products is being done by the existing team and it is quick and straightforward without any capital equipment required. The business works with some non-profits that are making a difference in the community, Products and Services: Stickers and labels, offering large variety of sizes and colors for individuals, schools and companies. Employees: 2 FT, 3 PT and 4 contractors
New Business For Sale: SaaS business for pavement industry
April 03, 2023 by Steve Lukes
Steve Lukes just launched a new listing: SaaS business for pavement industry SaaS business for pavement industry Asking: $700,000 • Gross: $12,960 • Net: $ A remoted based startup SaaS platform created for the daily work flows of the pavement industry. The technology launched in the summer of 2022 and has 7 customers and 15 users paying a total of $1,080/month. Technology enables customers to build professional looking proposal & contracts, project management, team management, job scheduling, and full scope of profit & overhead per project. The owner is involved in another business and is unable to give this business the full attention it deserves. The solution can be adopted by other construction contractors but would require adjustments to the technology.
New Business For Sale: 4 Yr old IT Services Business with 33% growth
February 23, 2023 by Steve Lukes
Steve Lukes just launched a new listing: 4 Yr old IT Services Business with 33% growth 4 Yr old IT Services Business with 33% growth Asking: Accepting Offers • Gross: $5,302,182 • Net: $964,944 Opportunity to acquire a high-growth 4-year old US based IT Service business. The business develops custom software for clients or provides tech resources and teams that develop custom software for them. The company business model is based on what they charge clients for the work and how much they pay technical resources to complete that work. Two owners aren't involved much in the business, they have 4 team members that operate the business and manage the team of contract workers that caters to all aspects of software dev from product management and design, R&D, development, dev ops and QA.
New Business For Sale: Health, fitness and well-being provider
December 09, 2022 by Steve Lukes
Steve Lukes just launched a new listing: Health, fitness and well-being provider Health, fitness and well-being provider Asking: $400,000 • Gross: $797,485 • Net: $174,700 The niche that they are in is several week long course for fitness and wellness seekers. The subscriber base is often more focused on longevity, health span, and sustainable practices ( physical, mental, and emotional health). This means that many of them recognize that stress and peace of mind play a bigger role in health. Customers are predominantly women, ranging from 70-80%, and average age is around 40. Customers can join and participate as group, join a particular after signing up solo. The program runs 4 times in a year. The largest customer bases are in the US, Canada, and Australia. The price of the program is less than $75 for almost a two month long enrollment and customers tend to have discretionary income. The customer base is B2C and a portion comes from corporations.
New Business For Sale: Growing apparel brand - wholesale and DTC
November 07, 2022 by Steve Lukes
Steve Lukes just launched a new listing: Growing apparel brand - wholesale and DTC Growing apparel brand - wholesale and DTC Asking: $490,000 • Gross: $1,031,202 • Net: $166,946 Fantastic opportunity to acquire a growing apparel brand that represents SoCal style for families. The brand launched in 2016 and has seen steady growth since then with wholesale and DTC/retail strategies. The brand has been featured on numerous occasions in media outlets such as US Weekly, Vogue, Parents Magazine, People and Baby Center. The founder and seller works 20-40 per week mostly overseeing certain facets of the business. The company is operated in the Southern California market with staff throughout the region. - achieved revenue over 1M for the first time in 2021- 60% DTC and 40% wholesale - women owned and led company- suppliers are domestic and overseas- 165k of SDE in 2021, 2022 will be a similar year- owner/founder willing to stay on if desired
New Business For Sale: eCommerce. Luxury Auto Parts. B2C. Large Base
August 11, 2022 by Steve Lukes
Steve Lukes just launched a new listing: eCommerce. Luxury Auto Parts. B2C. Large Base eCommerce. Luxury Auto Parts. B2C. Large Base Asking: $1,195,000 • Gross: $ • Net: $ A Direct to Consumer (DTC) Automotive Luxury eCommerce Retailer. Very well branded and in business since 2013. They provide consumers with multiple brand choices for wheels, tires, and other interior and exterior components. The market niche the company occupies is best described as Aftermarket Automotive Parts (with a distinct focus on aftermarket wheels, tires, and accessories). The company also operates a storefront with a service station embedded for installations. 1.25M in revenue through June 2022 90% of all customers are retail, while the other 10% are wholesale customers 2 owners with 6 staff/employees (5 full-time and 1 part-time) FF&E = $125,000 and Inventory of 50k+, buyer to reimburse seller at cost SBA lender pre-approved for the right buyer
New Business For Sale: Marketing Agency, 20 years with 40% net margins
August 09, 2022 by Steve Lukes
Steve Lukes just launched a new listing: Marketing Agency, 20 years with 40% net margins Marketing Agency, 20 years with 40% net margins Asking: $3,950,000 • Gross: $2,305,800 • Net: $938,317 A 20-year-old Marketing and Communications Agency offering strategic marketing, communication plans, brand strategies, social media, public relations, advertising campaigns, website development, and print and digital media. The company is operated in a virtual environment servicing their public sector clients. • Fiscal calendar is May 1st to April 30th• 95% of revenue is repeating or referral business• Stock sale is preferred, C-Corp• Owner is willing and wants to stay onboard post sale as an advisor or something more involved, and then phased out over one or two years• The owner operates in a traditional management role, she does not perform the services• Loyal and well-trained staff that is contract worker based on an hourly rate, most have been with the company for years
New Business For Sale: State Law School becoming nationally accredited
January 20, 2022 by Steve Lukes
Steve Lukes just launched a new listing: State Law School becoming nationally accredited State Law School becoming nationally accredited Asking: $800,000 • Gross: $ • Net: $ Great opportunity to acquire 100% ownership of an active 35 year old Law School that is seeking capital for online growth. Currently, the online law school is seeking (national) DEAC accreditation and has a 35-year history, which was a fixed facility state accredited law school from 1995-2020. The DEAC accreditation will allow for national recognition and also open the doors for international students.
New Business For Sale: Medical Virtual Care Platform
September 15, 2021 by Steve Lukes
Steve Lukes just launched a new listing: Medical Virtual Care Platform Medical Virtual Care Platform Asking: $995,000 • Gross: $0 • Net: $0 Comprehensive Care Platform for Membership Based Managed Care Groups, Companies & Public Health to manage non-emergent primary and specialty care. McKinsey & Company analyst suggest that approximately 250B in annual healthcare spend to be shifted to virtual or near virtual care. This is an opportunity to acquire a start up venture that is led by one senior medical officer and senior executive with 25 years of experience in various technical solutions in healthcare/medical. This opportunity is in a pre-revenue stage. Features and assets available out of the box:
New Business For Sale: SaaS and AI appointment scheduling software
July 27, 2021 by Steve Lukes
Steve Lukes just launched a new listing: SaaS and AI appointment scheduling software SaaS and AI appointment scheduling software Asking: Call • Gross: $20,000 • Net: $
New Business For Sale: Lead generation and lead management business
July 21, 2021 by Steve Lukes
Steve Lukes just launched a new listing: Lead generation and lead management business Lead generation and lead management business Asking: $300,000 • Gross: $ • Net: $ Over the years the vision has expanded from generating leads in a specific industry to the possibility of eventually becoming a platform that not only produces potential customers for businesses but integrates with all major CRM's (sales management platforms such as Salesforce). Currently they are working with clients in 6 different industries, with monthly recurring contracts. They have changed the model from selling leads individually, on an "inventory" based model, to a recurring monthly service fee.
New Business For Sale: 24 year old wireless communication manufacture
July 20, 2021 by Steve Lukes
Steve Lukes just launched a new listing: 24 year old wireless communication manufacture 24 year old wireless communication manufacture Asking: Call • Gross: $1,088,781 • Net: $
New Business For Sale: Owner Absentee beer, wine and spirits stores
June 22, 2021 by Steve Lukes
Steve Lukes just launched a new listing: Owner Absentee beer, wine and spirits stores Owner Absentee beer, wine and spirits stores Asking: $1,890,000 • Gross: $2,613,945 • Net: $555,506 Two connected convenience stores in the Gulf Coast region of Mississippi. Owner absentee with a quality manager in place. The stores are adjacent, with one offering traditional convenience products (snacks, beer, tobacco and soft drinks) and the other store offers wine and liquor. The stores enjoy regular traffic from locals and nearby hotels/motels/resorts. They are known for their enormous craft beer selection. The current owner is retiring and will help the new owner obtain the required state licenses (about a 30 day process). An individual does not need to reside in-state to obtain the licenses. Steve Lukes Email: slukes@bizex.net Office: (310) 882-2200 ext 164 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/steve-lukes
New Business For Sale: Clinically-tested anti-aging skincare products
April 08, 2021 by Steve Lukes
Steve Lukes just launched a new listing: Clinically-tested anti-aging skincare products Clinically-tested anti-aging skincare products Asking: Call • Gross: $225,000 • Net: $ Clinically-tested skincare products comprised by ingredients naturally-derived from the Amazon Rainforest. Globally people search through all forms of skin care to help delay aging and nourish their skin. This company has produced proven and award winning skincare products that compete with Botox, without the need for a shot. Products sold on their website and 3rd party sites, and a new owner could distribute to retailers globally. The owner is the founder of the company and is open to a strategic partner or a full buyout. Detailed financials projections and marketing package are available.
New Business For Sale: B2B Apparel manufacturing, design and marketing
April 06, 2021 by Steve Lukes
Steve Lukes just launched a new listing: B2B Apparel manufacturing, design and marketing B2B Apparel manufacturing, design and marketing Asking: $3,000,000 • Gross: $3,963,082 • Net: $516,000 They are redefining the way clothing is developed, produced, and distributed in the United States. Based out of Los Angeles, they provide fashion designers with a personalized, in-house product development team which includes a dedicated project manager and the best sourcing specialists, patternmakers, and sample makers. They also provide full-package production services across all knit and woven apparel categories. In efforts to build the most profitable and sustainable fashion brands in the industry (their customers), Indie Source now offers fashion specific website development, lookbook/ catalog creation services and a variety of marketing related services to support fashion brands.
New Business For Sale: Real Estate focused Virtual Reality provider
March 30, 2021 by Steve Lukes
Steve Lukes just launched a new listing: Real Estate focused Virtual Reality provider Real Estate focused Virtual Reality provider Asking: $950,000 • Gross: $602,000 • Net: $186,000 This company sells computer-generated virtual tours for new construction or fitout real estate projects. The product helps real estate companies sell or lease faster and at higher rates. Their unique offering is to deliver a full suite of formats which help showcase the tours across all possible channels, without charging a la carte for each image or each format. This is achieved by applying real-time video game technology to the real estate industry. Their customers get 10x more content, plus viewer interactivity, for a similar price to just a few static images from the old way of creating real estate visualizations with traditional rendering companies. The ROI from a high-quality tour helping generate leads and convert leads to signed deals
New Business For Sale: HR app solution for the entertainment industry
March 23, 2021 by Steve Lukes
Steve Lukes just launched a new listing: HR app solution for the entertainment industry HR app solution for the entertainment industry Asking: $750,000 • Gross: $0 • Net: $0 The business is a pre-revenue matchmaking app that enables users to hire and get hired for film, TV and digital projects on demand, instantly – globally. The business has become especially relevant within this new covid-era where digital remote working and hiring is the new norm. The product streamlines hiring local and creative talent digitally for productions by geo-locating and matching the nearest qualified talent, while promoting diversity inclusion with a unique algorithm. The app also allows users to check-in, connect and message during live and digital events so users can connect and stay in touch long after an event is over.
New Business For Sale: 19 yr online and in-home virtual tutoring service
March 18, 2021 by Steve Lukes
Steve Lukes just launched a new listing: 19 yr online and in-home virtual tutoring service 19 yr online and in-home virtual tutoring service Asking: $225,000 • Gross: $312,000 • Net: $93,150
New Business For Sale: B2C Lux travel, adventures, events and concierge
November 05, 2020 by Steve Lukes
Steve Lukes just launched a new listing: B2C Lux travel, adventures, events and concierge B2C Lux travel, adventures, events and concierge Asking: $450,000 • Gross: $2,016,707 • Net: $157,849 A lifestyle and concierge business with two brands. One brand offers premiere lifestyle, personal concierge, and luxury travel service to High-Net-Worth and Ultra High Net Worth individuals at a costs of thousands of dollars per year. While the other brand is a few hundred dollars per year membership offering luxury travel, perks and exclusive access to elite events and it caters to entrepreneurs, business professionals, and those searching for premier lifestyle services. The 2nd brand is newer to the market and is just starting to gain traction, while the other brand has been around for 12 years, but recently hit by the global pandemic. - 2M in revenue in 2019 and 265k in 2020 revenue thru July (pandemic impact), no EBITDA or SDE cash flow in 2020
New Business For Sale: eCommerce Luxury Auto parts (wheels and tires)
October 29, 2020 by Steve Lukes
Steve Lukes just launched a new listing: eCommerce Luxury Auto parts (wheels and tires) eCommerce Luxury Auto parts (wheels and tires) Asking: $1,395,000 • Gross: $3,147,517 • Net: $363,455 A Direct to Consumer (DTC) Automotive Luxury eCommerce Retailer. Very well branded and in business since 2013. They provide consumers with multiple brand choices for wheels, tires, and other interior and exterior components.The market niche the company occupies is best described as Aftermarket Automotive Parts (with a distinct focus on aftermarket wheels, tires, and accessories). The company also operates a storefront with a service station embedded for installations. 3.1M in revenue in 2019 90% of all customers are retail, while the other 10% are wholesale customers 3 owners with 7 staff/employees (4 full-time and 3 part-time) Please contact Steve Lukes, M&A Advisor, 310-871-2909 slukes@bizex.net or Eric Mellem, M&A Advisor, (310) 293-6414, emellem@bizex.net Steve Lukes
New Business For Sale: eCommerce Luxury Auto parts (wheels and tires)
October 29, 2020 by Steve Lukes
Steve Lukes just launched a new listing: eCommerce Luxury Auto parts (wheels and tires) eCommerce Luxury Auto parts (wheels and tires) Asking: $1,395,000 • Gross: $3,147,517 • Net: $363,455 A Direct to Consumer (DTC) Automotive Luxury eCommerce Retailer. Very well branded and in business since 2013. They provide consumers with multiple brand choices for wheels, tires, and other interior and exterior components.The market niche the company occupies is best described as Aftermarket Automotive Parts (with a distinct focus on aftermarket wheels, tires, and accessories). The company also operates a storefront with a service station embedded for installations. 3.1M in revenue in 2019 90% of all customers are retail, while the other 10% are wholesale customers 3 owners with 7 staff/employees (4 full-time and 3 part-time) Please contact Steve Lukes, M&A Advisor, 310-871-2909 slukes@bizex.net or Eric Mellem, M&A Advisor, (310) 293-6414, emellem@bizex.net Steve Lukes
New Business For Sale: eCommerce Fitness monthly subscription service
October 13, 2020 by Steve Lukes
Steve Lukes just launched a new listing: eCommerce Fitness monthly subscription service eCommerce Fitness monthly subscription service Asking: Call • Gross: $2,400,000 • Net: $400,000 A 6 year old branded eCommerce company offering a functional fitness subscription box service to over 7,000 customers. The contents of the monthly box are fitness apparel items, fitness supplements and small workout equipment. They procure these items from various manufacturers, box them up and ship to their customers. The business offers consumers a convenient and fun way to discover new products and brands that complement and elevate their functional fitness lifestyle. 15% revenue growth expected in 2020 7,300 monthly subscribers and growing 89.9% customer retention rate in Q3 2020, up from 85.4% in Q3 2019 Two owners focus on strategy, operations and partnerships One of the owner's wife works part-time on marketing
New Business For Sale: eCommerce Fitness monthly subscription service
October 13, 2020 by Steve Lukes
Steve Lukes just launched a new listing: eCommerce Fitness monthly subscription service eCommerce Fitness monthly subscription service Asking: Call • Gross: $2,400,000 • Net: $400,000 A 6 year old branded eCommerce company offering a functional fitness subscription box service to over 7,000 customers. The contents of the monthly box are fitness apparel items, fitness supplements and small workout equipment. They procure these items from various manufacturers, box them up and ship to their customers. The business offers consumers a convenient and fun way to discover new products and brands that complement and elevate their functional fitness lifestyle. 15% revenue growth expected in 2020 7,300 monthly subscribers and growing 89.9% customer retention rate in Q3 2020, up from 85.4% in Q3 2019 Two owners focus on strategy, operations and partnerships One of the owner's wife works part-time on marketing
New Business For Sale: eCommerce Fitness monthly subscription service
October 13, 2020 by Steve Lukes
Steve Lukes just launched a new listing: eCommerce Fitness monthly subscription service eCommerce Fitness monthly subscription service Asking: Call • Gross: $2,400,000 • Net: $400,000 A 6 year old branded eCommerce company offering a functional fitness subscription box service to over 7,000 customers. The contents of the monthly box are fitness apparel items, fitness supplements and small workout equipment. They procure these items from various manufacturers, box them up and ship to their customers. The business offers consumers a convenient and fun way to discover new products and brands that complement and elevate their functional fitness lifestyle. 15% revenue growth expected in 2020 7,300 monthly subscribers and growing 89.9% customer retention rate in Q3 2020, up from 85.4% in Q3 2019 Two owners focus on strategy, operations and partnerships One of the owner's wife works part-time on marketing
New Business For Sale: 18 year old Marketing Agency (public sector focus)
September 02, 2020 by Steve Lukes
Steve Lukes just launched a new listing: 18 year old Marketing Agency (public sector focus) 18 year old Marketing Agency (public sector focus) Asking: $3,200,000 • Gross: $1,464,531 • Net: $794,714 An 18 year old Marketing and Communications Agency offering strategic marketing, communication plans, brand strategies, social media, public relations, website development, and print and digital media. The company is operated in a virtual environment servicing their public sector clients. Fiscal calendar is May 1st to April 30th Currently performing well in their current fiscal with year with 1.2M in contracts closed, with 72% being repeat or referral customers Another 495K in contract value currently has a 95% chance of closing in this current fiscal year 95% of client base is repeating or referral business Current owner spends about 60% of their work week time on this business Owner has outlined in an available CIM 5 trends in this space that present growth opportunities
New Business For Sale: 18 yr SaaS/Relocatable/Professional Development
July 14, 2020 by Steve Lukes
Steve Lukes just launched a new listing: 18 yr SaaS/Relocatable/Professional Development 18 yr SaaS/Relocatable/Professional Development Asking: $3,000,000 • Gross: $ • Net: $650,308 Overview This company is operated in a virtual environment. A B2B Horizontal SaaS company providing Professional Development technology and services with 18 years in business. They provide competency assessment and development solutions that allows companies to reskill and upskill their employees. The company has strong margins that can be leveraged for expansion. The software revenue is recurring, licenses are annual and are charged per user, billed in advance. The staffing revenue is a multi-year contract and the services revenue is one-off project based. The rolling 12 months of revenue has increased to 1.8M (update to date from May 2020)
New Business For Sale: 12 yr Lifestyle Mgmt B2C Services
June 08, 2020 by Steve Lukes
Steve Lukes just launched a new listing: 12 yr Lifestyle Mgmt B2C Services 12 yr Lifestyle Mgmt B2C Services Asking: $750,000 • Gross: $756,000 • Net: $263,000 A 12 year old well-branded boutique lifestyle management firm offering professional organizing, on-call personal assistants and relocation services. The company is operated primarily in a virtual environment with a focus on New York, Los Angeles and San Francisco markets. Large base of repeat, high net worth clients Providing services to a growing market Loyal and well trained staff with flexible contract hours, most have been with the company for years Easily expandable to other geographical regions Revenue growth over the past 5 years Current 2 owners are the founders, 1 would like to depart after the sale and the other is open to staying on
New Business For Sale: Branded LA based automotive safety eCommerce co.
October 25, 2019 by Steve Lukes
Steve Lukes just launched a new listing: Branded LA based automotive safety eCommerce co. Branded LA based automotive safety eCommerce co. Asking: Call • Gross: $3,400,000 • Net: $1,000,000 Overview Well branded LA based eCommerce company in the automotive safety space with 16 years in business. Their niche is providing backup camera solutions to the RV community. This company has strong margins that can be leveraged for expansion. Ideal New Owner
New Business For Sale: Rapidly Growing B2C Social Networking App
August 08, 2019 by Steve Lukes
Steve Lukes just launched a new listing: Rapidly Growing B2C Social Networking App Rapidly Growing B2C Social Networking App Asking: $10,000,000 • Gross: $ • Net: $ Overview This app solves the problem individuals experience when trying to expand their network of friends. Sellers produced an app that allows users to connect easily, as friends, based on user criteria. The app has quickly gained popularity and is now #2 in its niche, the #1 app in this space is currently valued at over 1B. The current cash flow is positive and asking price is reflective of the industry average of $50/user (200k existing users). Ideal New Owner 1. Entrepreneur looking for a great opportunity with a proven concept to take it to the next level2. Company looking to absorb and grow the app, community, or data Growth and Expansion Opportunities Owners feel there is an ability to reach over $100,000/ month in revenue in next 12 months based on low hanging fruit strategies:
