Entrepreneurial Opportunity 2022-05: Project Clickspring

Basic Information

  • Type of Opportunity: Service Business for Sale
  • Opportunity ID: Project Clickspring (TSEO 2022-05)
  • Posting Date: March 7, 2022.
  • Closing Date: May 9, 2022, or when the seller comes to agreement with a prospective seller, whichever comes first.

Description of Opportunity

  • The owner of a successful Seneca County service business is looking to retire and sell their business to a new entrepreneur.
  • The business has an established customer base and is well regarded in the area.
  • Last year the business did approximately $150,000 in sales and had a roughly 40% profit margin.
  • This business currently has 8 full-time employees.

Terms

  • Asking Price: $83,000. Includes $8,000 in equipment and supplies.
  • Timing: as soon as possible.
  • Financing: The seller may be open to financing the sale.
  • Ongoing Support: The seller can assist the buyer orient themselves to the new business.

How To Explore the Opportunity

  • Step 1: Pre-Qualification. Contact Adam Gillmor, TSEP Development Coordinator, at gillmor@tiffinseneca.org or by phone at 614.725.8086 to discuss your interest in the opportunity.
  • Step 2: Further Discussion. After pre-qualification by TSEP, your name and contact information will be passed along to the business owner, who will initiate further discussion if interested.
  • Step 3: Due Diligence. After connecting with the pre-qualified entrepreneurs and businesses of their choosing, the manufacturer will either select one and begin discussions, and the due diligence process will begin for both the seller and purchaser.
  • Step 4: Deal. If due diligence goes well, then the parties will move forward with the deal according to agreed-upon terms.

To Stay Informed of Future Opportunities

  • Please contact Adam Gillmor, gillmor@tiffinseneca.org to be placed on the email list for future opportunities