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Ventura County, California
This is a family-run home inspection company that performs all services related to wood-destroying organisms such as termites and fungus in the State of California. These services include pest inspections, wood repairs, localized treatments, and fumigations. The company mainly services residential properties ranging from single-family residences to multi-unit condominiums. Their main clients are potential real estate buyers that need a thorough and professional inspection during the contingency period of their purchase, and property management companies that represent homeowner’s associations (HOAs).
The business is also pre-approved with SBA financing with 20% down.
The business has not done any active advertising, relying solely on word-of-mouth client growth. This means that significant growth can be achieved through implementing a marketing and advertising campaign, attending networking events with real estate agents, and implementing a social media outreach campaign.
Additional growth opportunities can be achieved by increasing the staff who are able to perform inspections and repairs, hiring someone on staff who can handle chemical applications, and expanding the geographic reach. The client base consists of long-term, repeat customers such as housing and apartment complex managers who rely on the services provided by the business whenever there is a turnover on their property.
The business operates out of a home office, has low overhead, minimal space requirements for chemicals and equipment, and can run as a 1-2 person office. Due to being a home-based business, the new owner would ideally be located in the Southern California region.
The owner is selling this company in order to focus his time on another family business, though he will facilitate a smooth transition of the business and client relationships.
This is an established business. This is not a new franchise or start-up opportunity.
NEXT STEPS: If you’re interested in this business, please fill out the contact form and we will email you an NDA to e-sign. Please look for an email with the subject “Morgan & Westfield – Termite Company with Repeat Customers”. You can access more information on this business after e-signing our NDA.
Financial Information
Asking Price
$ 249,000
Gross Revenue
$314,277
Annual Cash Flow
$119,145
Seller Financing
SBA Pre-Approved, 20% Down
Inventory
$1,000 to $2,000
Inventory Included in price
Yes
Business Information
Location
Ventura County, California
Real Estate
Home-based
Home Based
Yes
Relocatable
Yes, within the Northern Los Angeles region
Franchise
No
Employees
1 Part-Time
Year Established
2020
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