SOLD!

Details

Property Maintenance & Service Company For Sale

Asking Price:
$330,000
Annual Sales:
$476,000
Cash Flow:
$208,000
Inventory: N/A
FF&E: TBD
Real Estate: Lease
Employees: 1FT Owner
Location: Rocky Mountain Region
Reason For Sale: Retirement and Relocation

 

Business Description

Family owned and operated commercial property, maintenance, and janitorial services. The company serves clients in Colorado, Nebraska, and Wyoming. Specializing in snow removal, lawn care, janitorial services, and interior maintenance and repairs. Long established, repeat customer base and strong relationships with facility management firms. The company is known for unwavering reliability (always available), stability, and being financially fit.

Can be locally home-operated, or from the outdoor storage yard on the current site. Business will require yard/storage for vehicles and equipment. Owner is willing to lease property. It is also available for purchase (separately from the business).

Tremendous growth opportunity to expand and leverage marketing and SEO. The company does not currently do any marketing for their services, but rather relies upon existing relationships and referrals. Company remained strong despite Covid (business is recession proof) and sees strong growth opportunities for the right buyer. Owners have been happy with current size and revenue and have turned away business to stay within their scope. The company has a stellar reputation and has processes in place to help transition to new ownership.

Owner wants to ensure a smooth transition and will assist buyer to continue to be successful. Time commitment is negotiable.

With SBA financing and several SBA incentives available, the business can be acquired with a down payment of 10 to 15%. A typical SBA loan structure would require a $33,000 down payment and a $297,000 loan. Working capital and additional capital for expansion may be added to the SBA loan package on top of the price.

Represented by David Yanish. Tell me more about this business.


Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.