Business Overview:
This street Cleaning business started in August of 2003 with one water truck. They currently have grown to 3 water trucks, 3 sweepers and 2 Cat skid steers. Their business consist of street cleaning subdivisions for track builders, developers and some small municipalities. They also install inlet protection for storm drains. The street cleaning and inlet protection is required by each town or city. The customer has no choice but to have this service done. They currently service Raleigh, Durham, Chapel Hill and the surrounding areas of the triangle..
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The real estate is available but is not included in the asking price and the estimated value is $700,000. The real estate offered consist of 2 half acre lots with nice landscaping. Building #1 is 4,800 square feet with 3,600 square feet of Shop Space and 1,200 square feet of Office Space. Building #2 is 6,000 square feet which is all Shop Space. The property has a chain link fence around the shop area and they have a concrete driveway and parking area. The market value of the equipment is $635,000.
Market Competition and Expansion:
There is very limited competition for this type of service. All towns are required to clean their streets by the state. Most communities don't want to buy street cleaning equipment but must clean their streets.
Reason for Selling:
Partnership agreed to sell after 5 years.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.