Description
Our firm takes pride in presenting this well-established facilities management and maintenance business, with a specialized focus on servicing Charter schools within the Macomb County area. The company has multiple long-term contracts with charter schools, handling a comprehensive range of maintenance tasks, from fixing doors to HVAC and plumbing work.
Operating consistently throughout the year, the business experiences increased demand during the summer, attributed to the extensive “refreshing” activities required within the schools between the academic year. For 2022 the sales were $473,144 with a cashflow to the owner of $136,296.
The current owner, facing health challenges that limit his active involvement, has a dedicated full-time worker managing day-to-day maintenance tasks within the schools. The owner, when able, assists with hands-on work while primarily overseeing office-related responsibilities. For larger projects beyond the capacity of the owner and his worker, subcontracting is utilized.
The sale includes all necessary equipment and tools required for the diverse range of jobs handled by the business. The current owner rents a small space in the Macomb area to store these tools and equipment.
Due to the owner’s health, he has not been as aggressive in bidding for new jobs and contracts. This presents a significant growth opportunity for a new owner to expand the business by actively bidding and securing contracts, leveraging the excellent reputation established by the seller. Additionally, there is potential to reduce reliance on subcontracting for certain jobs increasing profitability.
This business is an ideal acquisition for individuals already involved in the facilities management and/or maintenance sector, offering a strategic expansion opportunity into the schools and contract work segment.
Get More InfoBusiness Overview
| Revenue | $473,144 |
| Cash Flow | $136,296 |
| Inventory | $To Follow |
| Year Established | 2017 |
| Seller Financing | Yes |
| Employees | 1FT 1PT |
| Asking Price | $275,000 |
Key Statistics
- Hours of Operation: Mon-Fri 9am-5pm, Sat 10am-3pm
- Employees: 1 Full Time 1 Part Time
- Year Established: 2017
- Year Acquired: 2017
- Liscence Required: N/A
- Seats: N/A
- Parking: N/A
Financial Information
- Gross Sales: $473,144
- Source: Tax Returns
- Cash Flow: $136,296
- Source: Tax Returns
- Inventory Value: To Follow
Seller Financing
- Business Price: $275,000
- Down Payment: $100,000
- Monthly Payment: $3,548
- Interest Rate: 8%
- Amortization Period: 60
Location
- Monthly Rent: $2,500 +/-
- Lease Terms: To Follow
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Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.