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  • RE:  Janitorial & Construction - 25yr SBA Loan With RE
  • Contact:  Michael Floorman
  • License #: 01160661

Quick Facts

Asking Price: $799,000
Annual Revenue: $2,162,970
Net Profit: $513
Cash Flow: $513,171
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1987
Employees: 45
BBN Listing #: 7670931
Broker Reference #: 11094

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Business Overview:

BUILDING MAINTENANCE AND CONSTRUCTION WITH REAL ESTATE--$420,000 SDE in 2022!

Established 40 years. Maintenance provides recurring revenue and generates additional, high margin construction services. Real property is valued at $1MM and currently produces $100K/yr. rent including rent paid by business and an apartment. Seller will remain as an RME for a period if required. If business (priced at $1m) and RE are purchased together a 25 year SBA loan is available (7.6%)and debt service with $200K down would be $161,028/yr., net cash flow $259,430/yr! 11094

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Property Features and Assets:

Real Estate is available for $1,000,000 but NOT included in the purchase price. Hours Monday thru Friday from 8 am to 4:30 pm  SBA pre-approved

Reason for Selling:

Retire

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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