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Property Management And Construction
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1678000
Net Profit / Cash Flow $322000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2000
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training As needed.
Reason for Sale Streamline - focus on pocket high-end clientele.
Description This is a fully compliant, clean books and records construction and property management firm that is in turnkey condition for a strategic buyer looking to gobble up market share.
Could also be a suitable acquisition target for someone with relevant industry experience who would like a fully staffed turnkey operation with exceptional good will and a superior talent grab for many construction related activities. Current services include concrete work, kitchen and bath counter tops and cabinetry, door and window maintenance and installation, flooring repair and installation, general contractor services, painting, plumbing, HVAC, landscaping, plumbing, and miscellaneous building improvements. SBA loan in place for 1/2 of the purchase price, balance to be combination of Buyer's cash or equivalent and Seller financing subject to negotiation. $100k+ A/R and $170k Assets included with the sale of the business. NDA is required for due diligence package on file with the Broker.
Facilities:
Run out of a professional office space.
Growth and Expansion Pros and Cons:
Currently this business model operates only in the Southern California marketplace, but could be expanded in other locations.
Support/Training:
As needed.
Reasons for Selling:
Streamline - focus on pocket high-end clientele.
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