Looking for a buyer.
This property maintenance and repair business currently
has over $2 million of signed contracts on their work in
progress list! Their services include maintenance,
renovation & light remodeling, repairs, and rehab work.
60% of their services are utilized by the military, parks
department, and United States Fishing & Wildlife
Services, while the other 40% of their client base is
primarily made up of commercial real estate holding
portfolio and multi-unit real estate owners. Located in
Houston, TX since 2004, they have a well-established
team, including 1 Admin Assistant, 1 Office Manager, 1
Network/IT, 1 Operations Manager, 2 Estimators, 1
Superintendent, 1 Residential Supervisor, 1 Federal
Contracting Assistant, and 1 Bookkeeper. They also
have 6 field crews with 1-2 men per truck. Their location
includes a 4,200 sq. ft. office building (3 offices, 15
workstations, conference rooms, etc.), a 2,500 s. ft.
warehouse, and a 1/2-acre equipment yard. The owner
currently works part-time, primarily handling oversight of
operations & reviewing of financials. To ensure a smooth
transition of ownership, establish his stake in the
ongoing success of the business, and as a show of good
faith, the current owner has not only offered a one-year
transition and/or training period, but has offered a seller
carry rate of 10%.
Priced at $1,450,000, this business is primed for new
ownership to step in and continue the business’s upward
growth pattern, as well as see new growth by expanding
marketing tactics and growing the business to consumer
residential work. With the purchase, you would be
getting $175K in assets as well, including crew
vans/trucks, trailers, pressure washers, manlift, and
everything else needed to continue to operate
successfully.
listing type
exclusive representation
exclusive representation
industry
Construction
Construction
location
Houston, TX, USA
Houston, TX, USA
revenue
$3,384,503
$3,384,503
ebitda
$856,191
$856,191
proposed price
$1,450,000
$1,450,000
owner financing
$145,000
$145,000
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