323-985-8185
California Real Estate Co.
Key Financial Highlights
$813,501
Annual Revenue
$291,104
Annual Net Income
35.8%
Profit Margin
Asking Price
$749,000
Asking Price
2.6
Multiple of Net
$149,800
Estimated down payment if eligible for financing
Additional Details
1989
Year Established
$100,000
FF&E
$1,275
Rent
10
# of Employees
$1,000
Inventory
2650
Sq. Ft.
Disclaimer: All information is provided by the business for sale or its agent and assumed to be accurate. If you contact Q&P about this opportunity we'll be happy to provide more detailed financial information.

Statement from the business
There are currently other competitors in the market, but they do not offer all the services that this company does. This company has not seen an impact from the competition. What differentiates them is the diversified services they provide. Their technicians are well-trained, courteous, and proficient at what they do. During the 2008 downturn, this business continued to see moderate growth, based on their diversification and the client base that they serve. This business is truly recession-resistant!
The company has received a 92% positive feedback rating, have completed over 6,200 projects, and have a 97% rating on repeat customers. They have a Five Star rating on YELP as well as a Five Star rating on Google Reviews. Growth can be obtained by hiring more employees and expanding geographically the territories they serve, along with adding additional services to their existing large client base. Also, they could benefit from increased digital marketing and print marketing as well.
Current marketing is really word of mouth and reputation only. Also, there are tens of thousands of new homes being built in their existing service territory, which would allow for significant expansion in the number of clients that could be served.
The Seller is willing to provide training for 4 weeks at 30 hours per week. Additional training from the Seller is available beyond what is included in the purchase price at mutually agreed to terms between the Buyer and Seller.