37-Year-Old Rnovation & Maintenance Contractor | Transworld Business Advisors

37-Year-Old Rnovation & Maintenance Contractor

Listing Number: 0101-469812

Description

This 37-year-old business provides contractor renovation and maintenance services to a number of S.E. Florida property management firms who oversee multi-family residential units. Firm does no new construction and no work on security gates or cameras. Handles approximately 200 repair-reno-maintenance tickets a month at an average of $1,100 per work order. Steady blue-chip customer base year over year. The purchase price includes $225,000 of Seller's accounts receivable to ensure sufficient working capital for Purchaser as well as all trucks, office, working equipment and tools. Seller has reached retirement age and is ready to relocate after an agreed upon comprehensive transition period. Seller will also consider license qualifying for experienced Buyer if needed. Can be relocated anywhere in Broward County. 100% Tax Return records, likely an ideal E-2 Visa investor business and possibly qualify for SBA 7-A loan program.

Listing Details

  • Price: $1,350,000
  • Down Payment: $1,350,000
  • Sellers Discretionary Earnings: $422,717
  • Total Sales: $2,431,179
  • Location: Broward County, Florida

  • Inventory: $25,000
  • FF&E: $10,000
  • Employees: 7
  • Year Established: 1992
  • Reason for Selling: Retirement
  • Category: Construction
37-Year-Old Rnovation & Maintenance Contractor

Contact Agent:

Thomas R Milana, P.A. CBI