This diversified chimney sweep, service and masonry repair business is in a unique position to continue to grow rapidly. It has a long history of service (now, 32 years!) and relationships with many in the trade. The market it serves actually has more year-round demand than can now be handled by current companies. And, it’s still growing! Acquisition of this business would also be an ideal add-on for any general contractor.
The company has literally hundreds of repeat customers in a wealthy 5-county “Front Range” area. Payment terms are so favorable that little working capital is needed. The company’s market includes both urban and rural areas in Boulder, Broomfield, Clear Creek, Gilpin, Jefferson, Larimer and Summit counties. There is a strong and direct relationship with a local area stove sales retailer that also fuels the company’s lead generation efforts and referrals.
Seller is starting another unrelated business, but is available for training.
Seller will train and assist new owner as needed.
Business is currently operated out of the owner’s home. It would be ideal to establish an office for this business, unless the new owner’s home has enough storage for parts and supplies.
This company has always had competitors, but most don’t have the skills, experience and important local connections of this firm. The company’s wealthy repeat customer base has grown considerably. Their referral network, too, has expanded to create a steady flow of leads.
The company is experiencing demand that is finally gaining significant momentum since the 2009-10 recession. This Front Range market is thriving. It is one of the best places to live in the United States. The average population age is 37. Demand for competent chimney and masonry repair services is much greater than the supply. It’s a boom market.
Seller Financing Possible: $50,000, 6%, 5 years
