13 Year Old Home Inspection Company in Colorado 

2025’s revenues were 433K with 348K in earnings.  That is an 80% profit margin which is unheard of for any company especially a service company.  The sales price is 690K which is less than 2 times the 2025 earnings.  This is a low multiple because we anticipate that potential Buyers will be concerned that “he is the business” but we believe a 4 month full time paid transition when he introduces the Buyer to his referral sources, the Buyer using the company name as a DBA, and the Buyer using his same operational methods will ensure a smooth transition. 

The business is made up of the owner who does both the inspecting and the reports generated afterward and one administrative assistant who does the scheduling, pre inspection communications with customers, the invoicing, and the bookkeeping.   His system eliminates the need for estimating and the risk that comes from a bad estimate and extra time it would take.  The business has had steady growth because of its reputation, reliability, pricing, and referral relationships.

Inspections are part of a real estate buyers process, once under contract, when purchasing a property. Currently the business does 95% residential work with the balance being commercial properties which usually pay a higher rate for services. Properties that are inspected range from condos of a few hundred square feet, to multi-million dollar single family homes in the tens of thousands of square feet, and includes everything in between such as townhouses, duplexes and condos of all ages including new construction and 100+ years old homes. 

The company serves 3 Counties in the central mountains with one of them representing over 80% of their revenues.  90% of the revenues come from real estate agents and customer referrals.  He has always felt it is important for him to say yes to all referrals so that he doesn’t lose the source.  The company does not pay any referral fees because its high-quality work doesn’t embarrass the professionals who refer work to him.  This is part of the reason that the companies profit margin is so high.  His operational expenses are only 11% which includes a 9% fee from each job being paid to his administrative assistant, insurance, license fees, vehicle costs, the reporting software, Infrared technology, and his minimal marketing expenses. 

The only license that the Buyer will need is a Radon tech license to be able to professionally test for radiation penetrating the property which takes 3 or 4 days and an easy test.  There are no other licenses that the current owner has.   The owner believes that it is important for him and the Buyer to spend 4 months together so that his referral network will meet the new Buyer and have confidence that he has taught him/her how to perform the inspections just as he does.  The referrals are not about the current owner, it is about the quality, availability, and reliability of the companies work.  He will make sure that the new owner learns how to maintain this.

The company has many ways to grow:  Hire and train employees who will be both inspectors and salespeople who will call on realtors looking for referrals.  Start asking for reviews so the company can get a Google star rating which it currently doesn’t have.   Add search engine optimization so the website can be found easier, a 2nd virtual office which helps with the Google star rating and placement on the internet,  add another testing license which he currently refers to companies in Denver that would be easy since the new owner or an employee could easily get it.   Add sewer/pipe inspection services for both water and sewer lines and possibly drain cleaning which is not very high tech.  Plus, there are other services that can be either offered or referred by the new owner that can either be performed by this company or paid a referral fee for providing a short list of 3rd party service providers that could include moving companies, remodeling, driveway repair, water damage, mold/asbestos/radon mitigators, etc.  

The buyer will get 7,500 dollars in assets made up of 6 fairly new radon detectors currently worth 5,400 dollars, 1 FLIR infrared camera worth 1,500, 2 ladders worth 200 and couple of older professional radon testing kits which he rarely uses.  No vehicle will be included since he uses his personal vehicle.

Location: Home based business in Summit County

The sales price is only 690K which includes the assets except his vehicle.  The seller will be keeping their cash and accounts receivables and will pay off all debt including the accounts payables so that the business transfers debt free.  This is an S Corp that is priced as an “Asset sale”. 

Details: 

Location:  He works out of his house.  The new owner can save a lot of time and money by living closer to the center of his busiest county.   

The business has a great reputation in the industry for safety, quality, and reliability. The seller will sign a non-compete and agree to full Reps and Warranties to a solid legal and business standing.  There are no regulatory issues on record, no lawsuits, and no disputes with the cities, counties, or municipalities that he works in.