MergerPlace

Commercial Property Maintenance

California (Santa Clara)


  • Asking Price: $1,395,000
  • Gross Income: $2,400,000
  • Cash Flow: $374,000
  • Real Estate: $3,000
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #215279
  • Established: 1956
  • Employees: 10 FT 6 PT 1 FT Owner plus 5 contractors

Business Description

Business provides maintenance services for commercial buildings and municipalities in three divisions: landscape maintenance, commercial janitorial service and building repairs/tenant improvement construction. 78% commercial buildings and 22% municipalities. There are managers and crew leaders in place. Established over 35 years, same owner. There are synergies between the three services.

Owner manages remotely from another state. Owner is involved in sales, bidding and general management, visiting the business about once a month and working on the phone and internet most of the time.

There are contracts for most customers ranging from one to three years.

Although the customers are spread around the SF Bay Area, most crews live near the customers.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or contact Greg Carpenter greg@mabusinessadvisors.com to receive a confidentiality agreement and learn more about this opportunity.


Business Details

Primary Business Category: Contractors - Special Trade
Location: California
County: Santa Clara

Company Information

Year Established: 1956
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 10 FT 6 PT 1 FT Owner plus 5 contractors

Financial Information

Asking Price: $1,395,000
Gross Revenue: $2,400,000
Cash Flow: $374,000
Real Estate: $3,000
Seller Financing Available: No

Property Information

Facilities:

Office/warehouse on ½ acre parcel, rural, near freeway 6,500 square feet $3,000 month, month-to-month 2 x 1-year options

Growth & expansion opportunities:

Lots of opportunities to bid; if a commercial property management company acquires, then use for existing clients.

Competition:

There are lots of competitors, but most don’t offer all services: landscape, janitorial, maintenance & construction.

Reason for selling:

Retiring

Support & Training:

Seller will provide training at no cost to qualified buyer.

Contact Business Seller

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Business Listed By:

Greg Carpenter

Certified Business Broker