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Home Services

Recurring Revenue Home Services Provider

Maine, USA
Updated 1 day ago
Established 2012

This home services provider serves the Southern Maine market, including Greater Portland. The business has a year-over-year renewal rate of 80%+ across its customer base, with the vast majority on annual service contracts. The company is entering the second year of offering a significant product line extension, while also developing a substantial secondary target market for both its traditional and new service offerings. The business possesses a large base of customers within a tight radius around its location, and a new owner would have ample opportunity to grow the business’s presence outside of that area.

Employees

15-40 FT (Seasonal)

Financing

Anticipated Seller & Bank TBD. Down Payment TBD. Working Capital Needed $200,000

Inventory

$30,000

Facilities

The company leases space which it estimates would allow for a further 20% growth in revenues. The leased property has ample parking to serve the business’s needs.

Support/training

Seller will provide transition training for a new owner.

Financials

Asking Price
$2.4M
RevenueMost Recent Year
$3.3M
Earnings (SDE)Last Reported
$750K
Assets Value
Undisclosed
Seller Financing
Not available

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