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23 Year Old Air Duct Cleaning Business
Location Arizona,United States
Asking Price Range < $250K
Gross Revenues $149453
Net Profit / Cash Flow $30247
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1989
Number of Employees 4 - 5
Inventory 60000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training All necessary training & support will be available.
Reason for Sale Illness
Description This business has grown by servicing commercial, industrial, and residential clients. A full-time office manager handles sales and some technical work. Part-time employees include a bookkeeper and 2 trained air duct cleaning technicians. State of the art equipment removes contaminates and dust in compliance with standards promulgated by the National Air Duct Cleaners Association as well as the EPA. A detailed list of equipment is available. Several large commercial projects may begin in 2013. The business operates from a commercially zoned property that the seller owns and leases to the company. An attractive lease or rental arrangement for a modest monthly amount means that a new owner will not incur an extraordinary occupancy expense. The building is secure and the property is fenced as the company's 2 fully equipped trucks are there during evening hours. Financial data for the first 11 months of 2012 shows gross revenues to be $149,453. Cash flow or seller's discretionary earnings were a little more than $30,000. The seller readily admits that revenues and profits would be greater if the seller did not reside in Scottsdale for the past 4 years. There is limited oversight with regard to day to day affairs. Since there is no debt and money in the bank, the seller relies upon her employees to operate the company. Health issues now mean the company needs to have a new owner - operator. Included in this acquisition are 2 box trucks, indoor air testing equipment, HEPA collection machines, compressors, agitation devices and accessories, extensive office equipment, office supplies, and marketing /selling materials that are part of a 5 page detailed list of equipment. The seller will provide a covenant not to compete plus any necessary transitional that a new owner might require. All reasonable offers will be considered. Confidentiality if important since the employees are not aware of a possible sale. Contact Robert E. Lenhard at 520-577-5151.
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