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Service Business - Highly Profitable
Location: United States -> Ohio -> Cleveland
Industry: Professional Services > Other Professional Services




Business Summary

Asphalt / Blacktop Surface Sealer
This service business is in the building and construction industry and was established over 50 years ago. It continues to be highly profitable with a net operating income of $282,390.00. They service shopping centers, parking lots, and athletic facilities plus many businesses. They have over 200 repeat customers annually. The real estate, which includes over 3 acres, has two large buildings and an office. The seller is willing to stay with the buyer for three years as a paid consultant.
The Asking Price is $1,125,000 and includes the FF&E valued at $300,000 and the real estate valued at $194,000.
This is a highly profitable business which will continue to perform at or above the current level.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,182,502
Cash Flow:   $289,390
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $300,000
Seller Financing:  No

About The Business

Year Established:  1960
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  3 years
Reason For Selling:  Retiring




Print Listing Id: 700214399
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