Construction Property Maintenance

Location: New York

Industry: Construction

Sold, owner retiring after twenty-five years in business for this successful general maintenance Construction Company servicing a large volume of multi-family residential & commercial properties which include various contract agreements between the parties. The company also provides landscaping services to its substantial customer base throughout the areas. The company services a number of commercial properties, has a gross income of $2,825,000 and a yearly net income of $640,000. The sale includes various commercial vehicles representing hundreds of thousands of dollars in replacement cost. The business is located in an urban area of New York State. Based on the asking price, required down payment and net income this business will supply a dependable consistent return to the owner operator prior debt service. Owner retiring to Florida after many years of success in this industry. The sale includes numerous vehicles including a various equipment required for this particular industry and an equipment list is available upon request. This particular service business has fifteen employees who are unaware of the pending sale and fully expected to remain post-closing. This commercial location has substantial private parking on the site as part of the lease. The business is operational twelve months yearly with a five-day work week. The business has the necessary State contractor’s license to conduct this service.