Janitorial & Construction - 25yr SBA loan with RE

Construction Maintenance

Sonoma County, CA

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Overview

Year Established
1987
Employees
26 full time and 19 part time
Property
Freehold
Value of Real Estate
$1,000,000 (Not included in asking price)

Business

Description

BUILDING MAINTENANCE AND CONSTRUCTION WITH REAL ESTATE--$420,000 SDE in 2022!

Established 40 years. Maintenance provides recurring revenue and generates additional, high margin construction services. Real property is valued at $1MM and currently produces $100K/yr. rent including rent paid by business and an apartment. Seller will remain as an RME for a period if required. If business (priced at $1m) and RE are purchased together a 25 year SBA loan is available (7.6%)and debt service with $200K down would be $161,028/yr., net cash flow $259,430/yr!

Sale

Reason for Selling

Retire

Training/Support

4 weeks, 20 hours per week

Premises

Facilities

Hours Monday thru Friday from 8 am to 4:30 pm
Real Estate is avaiable for $1,000,000 but not included in the purchase price

Location

Sonoma County, CA

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Ad Id: rj1081 | 11094