DescriptionType:
Small services-based business in Houston
Location:
Physical office can be moved or within a <20 min drive from West University/Medical area
Financials:
$200K-$2M in annual sales revenues with margins >25%
Sales price between $100K and $2M
Established for over five years with a proven business model
Operational Flexibility:
Can be run remotely for up to a month, allowing travel mainly to Colorado and/or Europe
Industry Growth:
In a growing industry (>5% growth per year)
Growth Opportunities:
Potential for growth through increased focus, marketing, or operational improvements
Staffing:
May have another full-time or part-time contractor
Stability:
Recession-proof with a loyal customer base
Solid reputation and differentiation from few competitors
Future Viability:
Not concerned about the effects of AI on the industry
Size:
1–3 person business
Exit Strategy:
New owner should be able to exit or sell within 5-10 years
Franchise Status:
Not a franchise
Market Time:
Not on the market for longer than six months
Value Proposition:
Provides a valuable service to society
Fair sales price based on recognized business valuations
Revenue Growth:
Ability to grow top-line revenue while managing expenses
Replicability:
Existing structure and processes are replicable in other industries
Owner Compensation:
Provides at least $75K owner salary for the first year, with growth potential
Real Estate Potential:
May have the ability to acquire or add real estate in the coming years
Seller Criteria:
Trustworthiness:
Must be a trustworthy individual or Christian and pass a background check
Financial Transparency:
Must provide 2-3 years of tax returns to confirm financials
Accurate and detailed 2-3 years of financial statements required (BS, IS, Cash Flows)
Reason for Sale:
Must have a good reason for selling, ideally "true" retirement
Non-Compete:
Willing to sign a 2+ year non-compete agreement
Transition Support:
Willing to help transition for up to 30 days
Consultation Availability:
Available for up to one year as a management consultant for critical meetings
Payment Structure:
Willing to accept a percent of the purchase price (less than 20%) as a yearly monthly payout.