#52: Service Business Netting $250k/year

πŸ‘‹ Hey fam!

Welcome to the 477 new people who have joined this week!

In this week’s issue:

  • πŸ›’ eCommerce - 1 listing

  • πŸ—„οΈ Traditional business - 1 listing

  • πŸ•΅πŸΌβ€β™€οΈ Service - 1 listing

  • πŸ—„οΈ Traditional business - 2 listings

  • ☁️ SaaS - 2 listings

  • πŸ•΅πŸΌβ€β™€οΈ Service - 1 listing

Alright, Let’s explore!

Estimated Reading Time = 5 minutes

πŸš€ Startup Spotlight

Discover profitable online and traditional businesses.

πŸ’° Asking Price: $700,000

An Ecommerce Specializing in Sophisticated Sex Toys for Women. The company has an extensive list of products that satisfies its clients' needs along with a supplementary blog. The company has low COGS and excellent profit margin.

Type: eCom

βœ… Key Highlights

  • $495,000 in TTM Revenue

  • $224,000 in TTM Profit

  • SDE Profit margin 45%

  • Advertising cost ratio of 20%

The business has great profit margins and a healthy monthly income. The new operator can continue to grow organically and through referrals. The main barrier with a business like this would be the ability to run paid ads unless you look into marketing through adult websites which is still a profitable venture.

πŸ’° Asking Price: $500,000

Type: Traditional Business

βœ… Key Highlights

  • $636,835 in Gross revenue

  • $204,005 in Cashflow

  • 68,000 cars washed in 2023

  • Rent of $13,000 per month

Seller has been operating this since 2001. Their looking to retire shortly so are looking for an immediate sale for the business.

The facility is designed for operational efficiency, resulting in very minimal expenses in it’s daily operations. Margins on this business seem quite great and the valuation seems fair.

With just 3 full time employees the new owner has the opportunity to step in as a absentee owner.

πŸ’° Asking Price: $400,000

Private security service with international reach, offering reliable and licensed protection.

Type: Service

βœ… Key Highlights

  • $922,000 in TTM revenue

  • $248,000 in TTM profit

  • $169,000 last month revenue

  • $76,000 last month profit

  • Services included:

    • Emergency help

    • 24/7 communication

    • Advanced training

πŸš€ Growth Opportunities

  • Referrals: A business like this would grow significantly through referrals. Reach out to exisiting client base to seek word of mouth referrals.

  • Awareness: The bar is currently very low for content and market awareness of security in this industry. Stand out through differentiated social media channels, provide content on TikTok around how the business works, behind the scenes and services offered.

❓ Questions

  • What’s the current founders day to day like?

  • The current founder is going through lifestyle change, how involved will they be during the off boarding process?

  • Can someone step into this business without prior knowledge of the security industry?

Annual growth rate for the business is very healthy, sitting at 30% YoY growth. Noticed a large amount of expenses towards the back half of 2023 on the P&L, would be a question to ask about if curious about this business.

🀌🏼 Learnings Of The Week

✍🏽 Acquisitions

Looking to get introductions to members who are actively buying and selling businesses?

Click the links below and we’ll introduce you to buyers and sellers from our community!

How can we make our newsletter better?

Anonymous poll below and we’ll make sure to keep tailoring the listings our team hunts for!

How often do you want to see us post?

Login or Subscribe to participate in polls.

πŸ•΅πŸΌβ€β™€οΈ 5 more deals below for Paid Members

Enjoy a FREE 30-day trial on us and view this weeks deals and over 300+ deals we’ve prepared in the past.

Subscribe to Premium and acquire your first business

Become a paying subscriber of Premium to get access to this post and other subscriber-only benefits!

Already a paying subscriber? Sign In.

A subscription gets you:

  • β€’ Personalized one-on-one deal sourcing assistance
  • β€’ Access To over 200+ Off Market Deals
  • β€’ Membership in our investor and buyer network (slack)
  • β€’ VIP invitations to private business acquisition mastermind and events
  • β€’ Monthly deep dive deal analysis
  • β€’ Priority support for due diligence, legal matters, and financing

Reply

or to participate.