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Businesses For Sale   >>   Commercial Cleaning Businesses For Sale

Industrial / Commercial Maintenance Company For Sale

Location  United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $21000000
Net Profit / Cash Flow  $1600000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1920
Number of Employees  100 - 200
Relocatable  No
Number of Employees  100 - 200
Real Estate  Owned
Training  Yes.
Reason for Sale  Retirement.

Description  
National Business Search is representing for sale, on an exclusive fee paid basis, a provider of maintenance and construction services for major and midsize industrial and commercial clients throughout a multistate region. The Company, founded over 90 years ago and based in the Midwestern US, is one of the largest companies of its kind in the region. The Company has evolved into a multi-services business provider that is not only attractive to its customer base, but also allows the Company to penetrate an account with one service and expand with other services from that position. The Company has recovered nicely from the recession. Its backlog is over $5 million and climbing. The Company's margins have steadily improved on hard dollar contract work. In addition, the amount of Time & Material Work continues to grow, and is becoming an ever larger portion of the Company's workload. Finally, the area's economy, which is both highly industrialized and a center of agriculture, has outperformed the US economy as a whole growth-wise, and has lower than average unemployment. Many of the Company's customers are well known Fortune 500 companies, one of which awarded the Company with the Supplier of the Year Award. The Company's consistent record of performance and high standards has led to long standing relationships with customers often spanning many decades. Over the period 2007 to 2012 the Company averaged annual adjusted EBITDA of $1.6mm on average annual sales of $21mm. Contact for more information on this maintenance company for sale.


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