Renovations And Maintenance: Seller Will Carry 15% In Denver For Sale

Their services revolve around maintenance and
rehabilitation including renovations, drywall, light electrical
system installation, plumbing, and demolition focusing on
municipal work with over 50% of their revenue from the state
school systems in the Denver Metro Area. The owner of this
business is selling for retirement preparation but before
stepping away from this operation, he is dedicated to
ensuring the ongoing success and comfort of both the staff
and clients which is why he has offered a transition period of
up to 2-3 years. As an added demonstration of his vested
interest in the ongoing success of the business, the owner
has also offered to carry 15% of the purchase price! This
purchase includes $237,852 in equipment and vehicles as
well as $377,424 in working capital, along with an 85%
collateralized bank loan! Their small but mighty team
includes a General Manager who assists with estimating,
hiring and scheduling, 2 Field Superintendents plus 1 in
billing, while the owner focuses on the estimating and
management of the overall business.
Priced at $970,000 and with cash flow of $323,963 in 2023,
this business is primed and ready for a new owner to step in
and continue operations. This business is a fantastic
opportunity for a wide variety of buyers, it possesses
exponential room for growth in almost every field as the
owner has kept things small out of personal preference. Due
to the recently passed infrastructure bill, this company is
recession proof due to their municipality focus.