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Listed by:

M&A Business Advisors

Broker license number: 02058745/00898668

Commercial Property Maintenance And Construction In San Francisco Bay Area For Sale

San Francisco Bay Area, California - North, US
Asking Price:
$1,200,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,688,009 (USD)
Cash Flow:
$459,266 (USD)

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

Owner lives in another state and plays a lot of golf. Owner is involved in sales, bidding and general management, visiting the business one week every two months and working on the phone and internet most of the time. He averages working 10 hours a week.

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.

Property Information

Real Estate:

Lease

Lease Terms:

Month to month
Lease expires April 2021
(2) 1-year options

Leasehold Rent:

3000 per month per annum

Location:

Rural area near freeway

Premises Details:

Office/warehouse on ½ acre parcel, rural, near freeway

Size in square feet:
6,500

Business Operation

Expansion Potential:

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

Competition / Market:

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

Reasons for selling:

Retiring

Trading hours:

24/7

Employees:
10 FT 6 PT 1 Owner + 5 Contractors
Years established:
64

Other Information

Support & training:

Seller will provide training at no cost to qualified buyer.

Financing available:

Seller will consider seller finance for a qualified buyer with good credit and a significant down payment.

Furniture / Fixtures value:
$100,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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