Property Maintenance Service
Location:
United States
->
Utah
Industry: Real Estate > Commercial and Residential Real Estate Brokers
Business Summary
For over 30 years, this property maintenance company for sale has provided quality and reliable maintenance of commercial and high-end residential properties along the Wasatch Front. Their focus is mowing lawns, servicing sprinkler systems, snowplowing and overall landscape care. The majority of their customers are well-established commercial contract accounts with a handful of high-end residential accounts. They currently have 2 six-man crews and the largely absentee owner has secured additional new contracts for 2009 to necessitate the addition of another crew. The Company is a division of a larger business that is taking most of the seller’s management time. He has decided to sell this part of the company to simplify his life and concentrate on the other part of the company. It will be necessary for the new owner to move the business to another location with a shop and yard area. Future growth could include additional residential accounts and expansion into neighboring counties. Asking price is $850,000 and for a qualified buyer, seller will finance $450,000.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$715,961
Cash Flow:
$313,384
Cash Flow Type: EBITDA
Inventory: $150,000
Seller Financing: Yes
About The Business
Year Established: 1968
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 80 hours. Reason For Selling: Focus on other business responsibilities.
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Print Listing Id: 70095608
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