Industrial Maintenance-Long Term Contracts

Not Disclosed, UT

Asking Price: Annual Revenue:
$4,000,000 $6,520,228

Services: Construction, Contractors

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RE: Industrial Maintenance-Long Term Contracts Broker: Eric Sorensen

Quick Facts

Asking Price: $4,000,000
Annual Revenue: $6,520,228
Net Profit: Not Disclosed
Cash Flow: $731,500
Total Debt: Not Disclosed
FF&E: $1,950,756
Real Estate: Not Disclosed
Year Established: 1987
Employees: 5
BBN Listing #: 80774955
Broker Reference #: 7401-16312

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Business Overview:

Established Industrial Maintenance-Long Term Contracts.

Established and well known industrial maintenance company with long-term contracts operating in the Intermountain region.

The Company was founded in the 1980's as a union-based employer operating in the industrial construction and maintenance industry. Revenue and cashflows are predictable as a result of long-term contracts with large and reputable customers. The business has close to $10 million dollars in awarded and scheduled work for 2021.

In the coming months and years, the Company is in a very favorable position to bid and potentially win additional large long-term contracts from existing customers.

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Property Features and Assets:

One leased location for office space and storage of equipment. Assets = $2,003,678.

Market Competition and Expansion:

Moderate competition with large barriers to entry. The Company holds exclusive and difficult to acquire work contracts. Tremendous opportunities for an acquirer to leverage the strong relationships of the Company to win exclusive work contracts and expand geographical footprint.

Reason for Selling:

Owner has reached the end of his career and is retiring.

Additional Details:

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

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