You have issues man...I was pointing out that you were making a mistake, at
least 2 ways...one:
you dont advertise in here.
your ad sucked.
I have no need to defend myself, as I was trying to help you. All I am gonna
say is that I have 10 guys, and I would not sell the business for less than
it makes in a year...$25,000??? LOL...ok. Last time one of the one man shows
here sold out it was for more than you were asking, and he only had 3 vans.
There is another one for sale next town over, 4 vans, and a customer list
basically, and hes got offers for over $500,000.
I suggest you go back and research a bit more, and you will find out why you
cant survive with your attitude. Good people in the trades learn from
others, and take critisism a bit better.
BTW, it was a 4 year degree in business, and a 4 year apprentice program,
and more than that as owner. Over time, sucess lets you know what value to
place on things.
Wanna buy an HVAC company? One million US, with the possibility of complete
turnover of loan in one year. Skys the limit, its all up to you.
Included: 10 new service vans, with complete headache racks, ladder racks,
and shelving from American Van. All maintained, with full records. All tools
Tools include CPS oiless Stinger recovery units, new 4 valve manifolds,
various sheet metal working tools, including Henslers Benders, and the like,
CPS recovery scales, recycling units, and brand new Milwaukee and Bosch
18VAC cordless drills, saws, flashlights, etc.
Customer list is avaliable for viewing, currently has over 2,000 local
clients, and several hundred from surrounding countys. Many accounts
excusive, and in high demand from other companies. Several large commercial
accounts with verifiable sales in parts and service contracts per year of
Last 5 years tax, and financial records on hand, for serious inquries.
Large amount of inventory, including, various sizes of air handlers, AC
split units, AC-Gas package units, pads, linesets, pallets of flex and hard
metal duct, currently in stock 3 pallets of R22, 10 jugs of R12, R416a, 410.
UV-C band lamps in various configurations, and a completly stocked
installation shop. Over 100 different thermostats in stock, all new models.
Nextel network included, all new phones, mose i700Plus models, with
chargers, spare batterys, and service contracts.
Company name can remain, and will work with State Attorney Generals office
to insure smooth transition. All insurance contracts paid for first 6 months
(aprox value of over $7600) and current workers compensaion insurance paid
for one year (aprox value of $55,000) All current advertising, including
radio, TV, and Yellow Pages paid till 6-01-04. Dealership rights to York,
Coleman, and Rheem transfer will be handled after transaction. All licences
to remain for one year to allow for licence to be aquired by new owner,
including State, local, and Federal. Once licence issued in new owners name
on the Local, State, and Federal levels, current owner will remove all
licences from records.
A no compete clause is included in sales contract.
END OF EXAMPLE
Notice..thats not even a good write up...but it sure gets a serious persons
attention more than: One old GMC truck, home repair handman kinda biz,
I was not trying to slam you, flame you or whatever in hell you took it as,
but you can take this to the bank..
You are a handyman, and one with serious issues. If you want to be taken
seriously, you have to change your way of thinking...no one was out to get
We offered serious help to you, by simply stating the obvious. Its not our
fault if you have a lot of growing up to do. Oh..pud work as you
say...LOL..ok..its been real good to me...and I will remember and laugh
about that comment in a couple of months when we are at the winter home in
Palm Springs CA...
Have a good day young Padiwan...one day you too might stick to something and
make something of yourself other than a hack.
<< tom you can keep your negative comments about me to yourself you don't know
me or anything about my business.I have a legit business for sale.Is that not
ok In todays world?Are you a con man looking for a quick buck?Is this how you
can come to this conclusion you posted?get a life and grip man >>
Hey Tony, I notice you didn't comment on everybody else's negative replies to
your post! Why did you single me out? Maybe I hit the nail on the head. Maybe
you don't have a son named Lamont. Maybe you don't have "a ton of bad
references and probably law suits awaiting. Looking for someone to buy you an
out of debt and potential legal problems."
Maybe you don't mind readers Rolling On The Floor Laughing their Ass Off at
So next time, pick someone else to be your whipping boy!
dont worry...as legitimate owner of a biz, I asked for the basics when
considering a purchase of such from a person....you think you got hit
hard...hes either gonna go run to him mommy and ask for help, or will go
In very rough terms, a service business with a stable set of ongoing
customers is usually worth about one times the net profit, plus the current
value of the inventory and equipment. You haven't really said anything
about the amount of income your business now generates per year, or whether
you have a list of steady customers who call you with repeat business.
You also suggested that your business might be good for someone who is
looking for extra income, and that's probably true. But, the question is
how much is your business worth to a potential buyer. Unless you have a
solid list of repeat customers, a potential buyer would do better just
buying their own equipment, getting their own license, and taking on new
jobs on their own as a way of making extra income. The only real reason why
someone would want to pay money to take over the kind of business you
describe would be to get a fast start by having an existing customer base
that will generate business income from day one. Even in that case,
everyone knows that the customer base will fall off and turn over quickly,
and the value of the present customer base will be virtually zero a year
So, the bottom line is that if you are known in your area, people can find
you in the phone book, and unsolicited calls routinely come in for new work
from your present customers, it's possible that there is some short-term
business value to what you are selling. Whether or not that value is
$25,000 is another question.
I am not saying all of this to be critical of you. I am just pointing out
what I have learned from some past experience working as a business broker.
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