fbpx

Finding a Spray Foam Insulation Business for Sale

by | May 9, 2018 | Blogs

The spray foam insulation business is a great investment opportunity for contractors and those looking to start a lucrative venture in a flourishing industry. Spray foam insulation outperforms other types of insulation in longevity, R-value, and sealing ability, and is more environmentally-friendly than traditional insulation. One of the best ways to get started is to search for a spray foam insulation business for sale. First, youโ€™ll want to consider your market and determine the type of equipment youโ€™ll need to complete the jobs youโ€™ll want to do. When you start a spray foam business, you need to know the type of projects youโ€™ll do, find the appropriate equipment and consider the material needs for the equipment you use.

Start a residential or commercial spray foam business today

Do the Research for a Business in your Area

Once youโ€™re ready to jump on board, youโ€™ll need to find a spray foam business for sale in your area. Youโ€™ll want to research the seller, and ensure youโ€™re purchasing a foam insulation business thatโ€™s right for you. Check your marketโ€™s competition, and donโ€™t be afraid to question why the business is being sold. Make an appointment to look at the spray foam businessโ€™s existing assets and all equipment youโ€™ll be buying. Thoroughly check to make sure all equipment works, or thereโ€™s an agreement for repair or replacement.

Come to an Agreement that Works for You

When you and the seller have come to an appropriate agreement, everything should be put into writing and signed by both parties as a formal contract of sale. Any terms that you have discussed, such as which equipment you are purchasing, should be clearly expressed in the sale agreement. You may put a deposit on the business, but the final payment shouldnโ€™t exchange hands until all equipment and assets are picked up.

Refer to an Expert

If youโ€™re wondering how to start an insulation business, you may be surprised to discover that in some cases, buying new spray foam equipment can be less expensive than opting for used equipment. A reputable retailer can offer brand-new spray foam insulation equipment for a great price, and you are guaranteed to get a working product that is worth the investment. Otherwise, finding an existing spray foam insulation business for sale can be a great way to get started in the growing industry. Do your research, find a seller, and ensure everything is agreed to in writing.

Written by: <a href="https://sprayworksequipment.com/blog/author/john-davidson/" target="_self">John Davidson</a>

Written by: John Davidson

John Davidson is Partner and VP of Operations at SprayWorks Equipment and is an SPFA PCP Certified Roofing and Insulation Installer, Roofing and Insulation Project Manager, and Supplier Rep. With over 35+ years of experience in the spray foam and polyurea industry, John brings a wealth of knowledge and hands-on experience. He has worked on commercial and residential buildings, bridges and infrastructure.

CONTACT SPRAYWORKS

Fill out my online form.

Recent Blog Posts

Sign Up for SprayWorks Training

Get Training for Yourself or Your Entire Team Whether Youโ€™re Nearby or Far Away

Contact Us
View Training Programs