*Asking Price: $460,000* This residential service company located in Rockford, Illinois provides services to homeowners through its in-house staff and network of subcontractors. The Company is a full-service provider within its trade, assisting customers from start to finish of the project. Its workforce operates highly independently and possesses significant experience in their individual roles. The Company possesses an outstanding reputation, with customers regularly noting the exemplary service they receive from all levels of staff. With this reputation, the Company receives the majority of its customers through referrals, with a repeat customer rate above industry averages.
This opportunity is ideal for a local entrepreneur looking to complement their existing portfolio, an individual looking to step into business ownership, or an existing service business looking to access a new market.
With a current project pipeline of $600-650K, the Company is well positioned for continued success and holds potential to scale beyond historical levels. The Company has generated consistent financial performance over recent years, with healthy margins. A new owner pursuing further growth could hire additional staff to increase its capacity, develop a second location, or increase the number of in-house services offered. The local market features ample opportunity to scale beyond current levels through partnerships with other local businesses.
Current ownership is seeking to sell the Company to pursue retirement. Remaining committed to the continued success of the Company and its employees, ownership is willing to assist in a transition period of 1 year following the completion of a transaction. The facility is owned by a related entity and is available for sale alongside the Business.