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Asking Price: $1,450,000

B2B Property Maintenance w/ Light Reno & Upgrades

Houston, TX
Not disclosed

This property maintenance and repair business currently has over $2 million of signed contracts on their work in progress list! Their services include maintenance, renovation & light remodeling, repairs, and rehab work. 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. 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. 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. The owner currently works part-time, primarily handling oversight of operations & reviewing of financials. To ensure a smooth transition of ownership, establish his stake in the ongoing success of the business, and as a show of good faith, the current owner has not only offered a one-year transition and/or training period, but has offered a seller carry rate of 10%. 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.

Cash Flow $856,191
Revenue $3,384,503
$ Owner Financing Available

Asking Price: $1,250,000

DFW Commercial Plumbing: Low Multiple

Dallas, TX
Dallas County

This commercial plumbing company has a specialty in Gas Stations, Convenience Stores, Farm Stores and Restaurants. They serve only Commercial GCs, not direct to client. They have a team of 13 Plumbers and 2 in Admin/Bookkeeping. Included in the purchase is their equipment, vehicles and $170,000 in Working Capital. Unfortunately, due to suffering multiple strokes, the owner after 20 years in business is selling. Even with the illness of the owner the company saw their highest revenue ever of over $2.5 million with $408,000 in Cash Flow. The great news is that there is a very capable General Manager who oversees all day-to-day operations.Priced at $1,250,000, this business purchase comes with an excellent foundation to build on, low overhead costs, a well-streamlined operation, an industry leading staff, and on-going room for growth. In order to reduce overhead costs, the business does not operate out of a central office or storage space. The office employees work from home and the plumbing employees work at the client locations. This business has significant room for growth including developing a marketing and advertising plan, expanding on the existing niche services that are currently offered almost as add on services, or using their existing foundation of excellent client relations to take advantage of recent developments in the Dallas area by expanding their current bids into municipal work or picking up a few residential customers.

Cash Flow $408,448
Revenue $2,583,114
$ Owner Financing Available

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