Description
Our firm brings to market a well-established basement waterproofing business with a strong reputation and a history of satisfied customers since 2010. The company’s stellar online reviews speak to the quality work provided by its dedicated team.
The owner, a seasoned industry professional, primarily handles customer inquiries, quotes, and estimates. The business operates with a core crew of two laborers and a project manager, with additional workers hired during peak seasons to meet demand. Most projects span several days, ensuring multiple jobs are in progress weekly.
Generating over $500,000 in annual revenue in years prior to 2024, this business has consistently maintained strong profitability due to its high margins. While sales dipped slightly last year due to personal circumstances, the seller expects revenues in 2025 to return to previous high levels, keeping the business successful and well-positioned for continued growth. Specializing in waterproofing, foundation repair, and basement refinishing, the company offers services such as basement leak repair, drain tile system installation, sump pump maintenance, and wall crack repair.
It serves Livingston and North Oakland Counties and operates remotely from the owner’s home, requiring minimal storage space. The sale includes all necessary tools and equipment, including hand and power tools, a work truck, and trailers, all well-maintained. The business generates leads primarily through its modern website and strong word-of-mouth referrals.
A new owner has everything in place to hit the ground running, with growth opportunities through expanded marketing and geographic reach.
Get More InfoBusiness Overview
| Revenue | $374,121 |
| Cash Flow | $129,436 |
| Inventory | 5,000 +/- |
| Year Established | 2010 |
| Seller Financing | Yes |
| Employees | 3FT 1PT |
| Business Price | $374,998 |
| Real Estate Price | N/A |
| Package Price | $374,998 |
Key Statistics
- Hours of Operation: Mon - Fri 8am-5pm
- Employees: 3 Full Time 1 Part Time
- Year Established: 2010
- Year Acquired: 2010
- License Required: Builders License
- Seats: N/A
- Parking: N/A
Financial Information
- Gross Sales: $374,121
- Source: Seller Provided Financials
- Cash Flow: $129,436
- Source: Seller Provided Financials
- Inventory Value: 5,000 +/-
Seller Financing
- Business Price: $374,998
- Down Payment: $150,000
- Monthly Payment: $4,562
- Interest Rate: 8%
- Amortization Period: 60
Location
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Disclaimer
The information on this website is for informational purposes only and should not be considered legal, financial, or investment advice. Capital Commercial Group, Inc. makes no guarantees regarding potential income, market conditions, or the accuracy of the information provided. This information has been supplied to Capital Commercial Group, Inc. by sellers or obtained from other sources. We have not and will not verify its accuracy and recommend that purchasers independently verify any information with their own counsel. Links to third-party sites are provided for convenience; we do not endorse or assume responsibility for their content. Users should conduct their own due diligence and seek professional advice before making business decisions.