Asking Price: $375,000
RVA Business Brokers is delighted to bring this incredible opportunity to purchase a commercial preconstruction termite soil treatment company. The Company has developed a deep list of contractors with an 80% repeat customer rate in Richmond and across VA.
Founded in 2004, the Company has grown exponentially from 15% Cash Flow Margin that year to 63% in 2024.
The Company is projected to generate $210,000 in revenue and $133,141 in Seller's Discretionary Earnings, which is a 63% Cash Flow Margin in 2024.
The Company works directly with general contractors and project managers. They come in after the concrete contractor has dug and poured the footers. On average, a treatment takes 2 hours. Larger buildings can require 2-20 treatments.
They have $203,000 in the pipeline. They bid on close to $4,500,000 in projects each year.
The Company also offers warranties, which renew at $175-$5,000 annually. They have $12,000 in warranty renewals incoming.
There is tremendous room for growth within VA. The Seller has considered expanding into other states and has completed several projects in Maryland and DC. This is an ideal business to set up on location and manage contracts and subcontractors in several states.
The sale includes $31,300 in assets, equipment, and vehicles. The Seller is offering a transition period to ensure a smooth handoff.
Don't wait to start the conversation!
Ad#:2331056
