Maintenance And Light Renovation For Schools And Universities For Sale

Overview

  • Business services, Services
  • Property Type

Description


Listed by:

The Firm

Maintenance And Light Renovation For Schools And Universities For Sale

Denver Metro Area,
Colorado, US

Asking Price:

$620,000

Furniture / Fixtures included
Sales Revenue:
$3,113,444
Cash Flow:
$174,907

Located in the Denver Metro, this business focuses on municipal and city work with over 50% of their income coming from state school systems. Services include maintenance and rehabilitation including: renovations, drywall, light electrical system installation, plumbing, and demolition. Their small but mighty team includes a General Manager and 2 Field Superintendents plus an Accountant. Boasting over a 20% increase in year over year sales, this established business can be purchased with just $62,000 down and all vehicles, equipment, and assets are included. The owner of this business is looking to retire from his role of estimating and management. Before stepping away from this operation, he is dedicated to ensuring the ongoing success and comfort of both the staff and clients. This is why he has offered a transition period of up to 3 years. Due to the recently passed infrastructure bill, this company is recession proof due to their municipality focus.


As an added demonstration of his vested interest in the ongoing success of the business, he has also offered to carry 10% of the purchase price via either seller financing or equity roll. Priced at $620,000, with over 15 years of experience and reputation under their belt, this business is a fantastic opportunity for a wide variety of buyers. This business has exponential room for growth in almost every field as the owner has kept things small out of personal preference. The business could expand in almost every aspect including self-performed labor, client base, geography, marketing tactics, and more making it a potential gold mine waiting to be discovered. It has a wealth of resources that could be found invaluable to an individual looking to step out of their current construction job and build up their own business, an existing contractor looking to expand into the municipal client base, or a subcontractor looking to expand the services they can offer outside of their current niche.

Property Information

Location:

Location and Service Area: Denver Metro Area

Business Operation

Expansion Potential:

Growth Opportunities: 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.

Reasons for selling:

Retirement

Employees:
4
Years established:
2005

Other Information

Support & training:

Seller Training Period: Up to 3 Years

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

10% Buyer Down Payment $62,000

10% Seller Financing or Equity $62,000
80% Bank Loan $496,000

Furniture / Fixtures value:
$194,549 – included in the asking price
Related Documents:



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Address

  • City Hong Kong

Details

Updated on March 14, 2023 at 11:42 pm
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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