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- RE: Janitorial & Construction - 25yr SBA Loan With RE
- Contact: Michael Floorman
- License #: 01160661
Quick Facts
Asking Price: | $799,000 | |
Annual Revenue: | $2,162,970 | |
Net Profit: | $513 | |
Cash Flow: | $513,171 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1987 | |
Employees: | 45 | |
BBN Listing #: | 7670931 | |
Broker Reference #: | 11094 |
Business Overview:
BUILDING MAINTENANCE AND CONSTRUCTION WITH REAL ESTATE--$420,000 SDE in 2022!
Established 40 years. Maintenance provides recurring revenue and generates additional, high margin construction services. Real property is valued at $1MM and currently produces $100K/yr. rent including rent paid by business and an apartment. Seller will remain as an RME for a period if required. If business (priced at $1m) and RE are purchased together a 25 year SBA loan is available (7.6%)and debt service with $200K down would be $161,028/yr., net cash flow $259,430/yr! 11094
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Property Features and Assets:
Real Estate is available for $1,000,000 but NOT included in the purchase price. Hours Monday thru Friday from 8 am to 4:30 pm SBA pre-approved
Reason for Selling:
RetireAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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