SOLD!

Details

B2B Recession Proof Company Located In Cheyenne WY

Asking Price:
 $330,000
Annual Sales:
 $476,513
Cash Flow:
 $209,446
Inventory: N/A
FF&E: TBD
Real Estate: Lease
Employees: 1FT Owner
Location: Cheyenne, WY
Reason For Sale: Retirement and Relocation

 

Business Description

Family-owned B2B services business based in Cheyenne, WY. The company serves clients in Wyoming, Colorado, and Nebraska. Long established repeat customer base and strong relationships with out-sourcing and end-users. The company is well respected and known for consistency and responsiveness (always available). The company is strong, stable and financially fit.

Business will require small storage for equipment (1500 square feet). Six vehicles are included. Current site is also available for purchase (separate from business).

Strong growth opportunity to expand and leverage marketing. The company does not currently do any marketing for their services, but relies exclusively upon existing relationships and referrals. Company remained strong despite Covid (business is recession proof) and sees strong growth opportunities for the right buyer. Owners have been happy with current size and revenue and have turned away business to stay within their scope. The company has an impeccable reputation and has processes in place to help transition to new ownership.

Owner wants to ensure a smooth transition and will assist buyer to continue to be successful. Time commitment is negotiable.

With SBA financing and several SBA incentives available, the business can be acquired with a down payment of 10 to 15%. A typical SBA loan structure would require a $33,000 down payment and a $297,000 loan. Working capital and additional capital for expansion may be added to the SBA loan package on top of the price.

Represented by David Yanish. Tell me more about this business.

Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.