Commerical Facilities Restoration & Maintenance For Sale

Business description

The company provides services to industrial, commercial and currently only large residential properties. Customers include property management companies, colleges and universities, school districts, and hotels. The company has relationships established in Texas and in parts of the United States. The business expanded over the last few years when bonding capacity was increased and the company was able to compete for and win larger jobs. Expansion opportunities include targeting large commercial facilities throughout the United States. The owners recognize the opportunity to significantly grow the company but understand the capital commitments necessary for significant growth.

The company was started in 1997 and is owned and managed by three partners who wish to remain with the business post sale with an equity position. The company has over 30 employees. Additional workers are sometimes used to address specific jobs or if timelines are a consideration. The company has good internal controls and is able to staff up during peak periods, giving the group a distinct advantage over competitors who may not be able to meet increased or enhanced projects. Excellent safety record and systems.

The company provides a number of services for revitalizing, restoring and preserving exterior structures. The company uses different techniques and multiple products from various manufacturers to complete these projects. The company has developed a nationally recognized expertise in the installation of sealants, coatings and caulking for exterior surfaces such as masonry, wood, rock, metal, etc. Ultraviolet light causes sealants to deteriorate and structures must reapply products to avoid weather damage, resulting in extended life of the building and minimizing future expenditures. The business subscribes to the business practices and procedures established by the National Association of Builders and Contractors and the Sealant and Waterproofing and Restoration Institute. The group promotes products that are environmentally friendly.

Property information

Real Estate:

Lease

Lease terms:

$500 per month

Location:

6,000 sq. ft. building

Other information

Support & training:

Seller will provide training

Reasons for selling:

Business Expansion

Trading hours:

Monday-Friday 6am-5pm

Financing available:

n/a

Furniture / Fixtures value:

$145,000

Inventory / Stock value:

$25,000

Contact the seller