Irrigation Contractor, Installation & Maintenance, Metro Indianapolis

  • Property ID: 1238
  • Date added: 01/30/24
  • Broker: Tom Poyser (317) 513-2898
  • Asking Price: $ 325,000.00
  • Revenue: $ 403,000.00
  • Cash Flow: $ 130,000.00

Description

The Woodlands irrigation repair

Irrigation Contractor,  Installation & Maintenance

Metro Indianapolis

Asking Price:  $325,000            Equipment:  $80,000
Revenue:         $403,000            Cash Flow:   $130,000           Established:  2022
Business Description
The business is centered on existing Irrigation System Maintenance, new Irrigation System Installation, and Adaptive Drainage and Property Water Management. Training is available by a third party as necessary.

Detailed Information
Location:        Marion, IN
Real Estate:   Leased
Building SF:  1,600
Employees:   3
Facilities:       The business leases a 1,600 sq. ft. office/warehouse where all the equipment is stored and shared by the crews.   The seller has significant buying power so that the new owner will have little need to maintain inventory and  just purchase material locally for jobs as needed.

Competition: Current and new customer rely on the company to maintain their irrigation systems after the installations.   Other larger irrigation competitors focus on larger jobs and ignore revenue opportunities from maintenance programs.

Growth & Expansion:    The company focuses on commercial and residential customers with existing irrigation systems in the startup phase of the business. Expansion is to add a focus on new customers with new installation requirements to conserve water.

Financing:    Limited to supporting a buyer who is using SBA financing

Support & Training:The seller will qualify a new owner.  The seller will transition the business to the new owner for 30 days primarily using the local trained operator to train the new owner.

Reason for Selling:  The owner lives out of state and wants to focus on irrigation contractor business where he lives.