Servicing & Maintenance for Parks and B2B Rentals

Houston, TX


Asking Price: Annual Revenue:
$1,450,000 $2,735,636

Services: Construction, Contractors


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RE: Servicing & Maintenance for Parks and B2B Rentals Broker: Jared Olson
Owner Financing is Available!
12.5% Buyer Down Payment $181,250 12.5% Seller Financing $181,250 75% Bank Loan $1,087,500

Quick Facts

Asking Price: $1,450,000
Annual Revenue: $2,735,636
Net Profit: Not Disclosed
Cash Flow: $401,377
Total Debt: Not Disclosed
FF&E: $119,909
Real Estate: Not Disclosed
Year Established: 2004
Employees: 10
BBN Listing #: 672534398
Broker Reference #: CBI004-B

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Business Overview:

There is over $1.3M in current work in progress at this property maintenance & servicing company! 60% of their services are utilized by the military, parks department, and United States Fishing & Wildlife Services, while the other 40% of their client base is primarily made up of commercial real estate holding portfolio and multi-unit real estate owners. Their services include maintenance, renovation & light remodeling, repairs, and rehab work. Located in Houston, TX since 2004, they have a well-established team, including 1 Admin Assistant, 1 Office Manager, 1 Network/IT, 1 Operations Manager, 2 Estimators, 1 Superintendent, 1 Residential Supervisor, 1 Federal Contracting Assistant, and 1 Bookkeeper. They also have 6 field crews with 1-2 men per truck. The owner currently works part-time, primarily handling oversight of operations & reviewing of financials. Their location includes a 4,200 square feet office building (3 offices, 15 workstations, conference rooms, etc.), a 2,500 square feet warehouse, and a 1/2-acre equipment yard.

Priced at $1,450,000, this business is primed for new ownership to step in and continue the business’s upward growth pattern, as well as see new growth by expanding marketing tactics and growing the business to consumer residential work. With the purchase, you would be getting $175,000 in assets as well, including crew vans/trucks, trailers, pressure washers, manlift, and everything else needed to continue to operate successfully. The current owner has offered both a training period of 1 year and a 12.5% seller carry to ensure a smooth transition and establish his stake in the ongoing success of the company.

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Property Features and Assets:

Vehicles: $98,722 – crew vans & trucks Equipment: $21,187 – trailers, pressure washers, manlift, fans, water extractors, excavator, commercial mowers & landscaping equipment, computers, scanning camera A/R: $70,523 A/P: $15,852 Working Capital: $54,671 Work in Progress: $1,321,000 *amounts may vary, assets may be depreciated, replacement cost, or fair market value.

Market Competition and Expansion:

Expand marketing tactics and move into more business to consumer residential work.

Reason for Selling:

Semi-retirement

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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