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- RE: Project Management For Maintenance & Light Remodel
- Contact: Not Disclosed
Quick Facts
Asking Price: | $915,000 | |
Annual Revenue: | $1,232,499 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $332,110 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 3 | |
BBN Listing #: | 954720 | |
Broker Reference #: | CBI038-G |
Business Overview:
Maintenance and repair company with their services offered in property rehab including renovations, drywall, light electrical system installation, plumbing, and demolition – all labor is subcontracted out. Clients consist of 50% municipal work from the school systems in the Denver Metro Area. The owner of this business is selling for retirement preparation but is dedicated to ensuring the ongoing success which is why he has offered a transition period of up to 2-3 years. As an added demonstration of his vested interest in the ongoing success of the business, the owner has also offered to carry 20% of the purchase price! This purchase includes $200,000 in working capital! Their small but mighty team includes a General Manager who assists with estimating, hiring and scheduling, 2 Field Superintendents plus 1 in billing, with 100% of labor being subcontracted out! Priced at $915,000 and with cash flow of $332,110 in 2023, this business is primed and ready for a new owner to step in and continue operations. This business is a fantastic opportunity for a wide variety of buyers, it possesses exponential room for growth in almost every field as the owner has kept things small out of personal preference. Due to the recently passed infrastructure bill, this company is recession proof due to their municipality focus.
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Market Competition and Expansion:
The current owner has kept the business small out of preference. The business could expand in almost every aspect including self-performed labor, client base, geography, marketing tactics, and more.
Reason for Selling:
Retirement preparationAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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