Basement Waterproofing Service Company
Price: $10,300,000
Annual Revenue: $8,695,778
Net Cash Flow: $1,399,586
Industry: Construction
Location: Pennsylvania
** Revenue and Cash Flow are YTD June 2024 figures **
The company is experiencing tremendous growth in 2024 with preliminary financial results exceeding expectations. Founded more than 10 years ago, the company is a privately owned basement waterproofing business located in Southeastern Pennsylvania. The company has experience in providing end-to-end solutions for basement waterproofing, mold remediation, foundation and11 structural repair, as well as external drainage diversion.
Best-in-class company with excellent business processes in place related to sales, marketing, and service. Strong reputation in the region and the go-to provider for basement waterproofing and related services. Operating in Pennsylvania, New Jersey, and Delaware, the company boasts an impressive 4.6-star rating based on over 200 reviews across platforms like Facebook, Google, Thumbtack, and Angie’s List, with a substantial social media presence, surpassing competitors in likes and followers.
Employees: There are 33 employees, 19 of whom are inspectors/sales representatives. The company uses 7 service delivery crews, equating to 50-60 resources, all of whom are 1099.
Organization: The husband and wife are founding owners, and the business is registered as an S corporation.
Facilities: Three (3) newly renovated locations containing office space and storage, estimated to be worth over $3.0M, can be purchased separately and are not included in the listing price.
Business Highlights:
- The business has a strong team with an excellent regional reputation.
- Profitable, with excellent cash flow and ability to expand services and regions.
- Established sales and service processes, including tried and tested advertising programs.