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Property Preservation And Maintenance
Location Illinois,United States
Asking Price Range $500K - $1.0M
Gross Revenues $4200000
Net Profit / Cash Flow $450000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2000
Number of Employees 20 - 34
Inventory 200000
Relocatable Yes
Number of Employees 20 - 34
Real Estate Owned
Training 6-8 weeks.
Reason for Sale Other interests.
Description Midwest Property Preservation Company.
Regional property preservation company with high several high profile clients. We provide all maintenance services including but not limited to lock changes, debris removal, winterizations, roof repair and replacement, demo, rehab and routine lawn maintenance.
This business would be perfect for someone with a presence in Chicago that would like to build the existing clientle in the Chicago area and surrounding. With a presence in the Chicago area would expect the volume and revenue to increase 50% or more the first year. Owner would be willing to help get contracts in the Chicago area with existing clients and possible other clients. The business is currently located in Missouri but would be a perfect fit in Chicagoland area. Short term leases are available for existing buildings. Or could leave current staff in place and open second office anywhere.
Equipment includes 10 trucks 8 trailers, commercial lawn mowers, weed eaters, blowers, genterators, computers, and office supplies and equipment.
Company has been in business for 12 years and can be relocated. Currently working in Il, MO, AR, KS other areas of coverage may include, Iowa, Kentucky, Indiana etc...
Getting into the property preservation business can be difficult and to get good contracts. The company has established long standing relationships with several large banks, and other companies. Continued forcast expects foreclosures to continue to rise with not immediate end in site.
New owner will need to be a hard worker and will need to put in long hours to learn business. There is great group of experienced office staff and field crews to continue with the business. Company does have key employees that will help assist new owners and continue to run business as normal.
Current owner will stay on to help with transition and help new owners learn the business and help business grow.
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