Service Business - Highly Profitable
Location Ohio,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1182502
Net Profit / Cash Flow $289390
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1960
Number of Employees 10 - 19
Inventory 300000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training 3 years
Reason for Sale Retiring
Description Asphalt / Blacktop Surface Sealer
This service business is in the building and construction industry and was established over 50 years ago. It continues to be highly profitable with a net operating income of $282,390.00. They service shopping centers, parking lots, and athletic facilities plus many businesses. They have over 200 repeat customers annually. The real estate, which includes over 3 acres, has two large buildings and an office. The seller is willing to stay with the buyer for three years as a paid consultant.
The Asking Price is $1,125,000 and includes the FF&E valued at $300,000 and the real estate valued at $194,000.
This is a highly profitable business which will continue to perform at or above the current level.
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