Primary Category:Property Management Businesses for Sale
This is a unique facilities management firm. It has extensive experience in the facilities maintenance industry. The company’s focus is capital project management. It does regular facility maintenance as well as remodels, etc. for its long term customer base. Here is a short list of services: HVAC, Plumbing, Carpentry, Drywall, Electrical, Flooring, Masonry, Painting and Project Management.
Nationally they have built strong strategic relationships with quality, licensed and insured service providers who have worked in the retail arena for many years. They are committed to provide quality service and excellence through diversity.
This company’s mission is simple: “To deliver superior service to all customers. This firm recognizes and values the importance of forging long-term relationships, which helps them better understand customer needs.”
They serve a number of Fortune 1,000 companies (Big Box retail, Small Box retail, restaurant Chains, Medical Facilities, Industrial Buildings, large Office Buildings), as well as other types of customers, including property management companies. Recurring revenues are a high percentage of sales each year. The primary geography served is eastern New York and Connecticut.
This firm is commercial and industrial focused and this accounts for over 90% of sales each year, but also does a handful of residential jobs each year as well. The company provides turnkey single-source solutions for all capital project needs. They conduct site visits, outline the project scope, and get it done by delivering on time and within budget. They believe communication along the way is vital to maintain a successful relationship.
What sets this business apart from others is its wide range of facility management services and outstanding customer service. As a result, this firm has experienced significant growth and profitability over the last 10 years. Revenue has increased by over $1 million in each of the past two years and is projected to do so again in 2024.The company’s strength is that one call does it all. They perform all services any customer needs with a single call, no matter the service or trade required.
A savvy buyer will be able to take advantage of this firm’s strong foundation of multi-faceted experience and knowledge in the area of facility management solutions.
The ideal buyer could be a larger company/competitor that offers similar services and whose five-year-plan includes augmenting its current business or a private equity group who recognizes this potential and can provide the resources for it to expand, or an entrepreneur who has the capital and expertise to take this company to the next level.
Financial Information
$3,000,000
Asking Price
$988,580
Cash Flow
$6,644,235
Gross Revenue
On request
Down Payment
Business Location
City:
Nationwide
State:Connecticut
Reason for Sale
Additional capital needed to take the company to next level. Owners are flexible to remain with the company post closing.
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