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Street Cleaning Service and Install Inlet Protection for Storm Drains

Angier, North Carolina (Harnett County)

Services - Other Miscellaneous services | Electric, Gas, Water, Sanitary Services

$Seller Financing Available

Asking Price $800,000 Inventory  
Gross Income 737,276 Real Estate $700,000** 
Cash Flow $182,865 Year Established 2003
FF&E $635,000* Employees 14

* included in the asking price

** not included in the asking price

This street cleaning business started in August of 2003 with one water truck. They currently have grown to 3 water trucks, 3 sweepers and 2 Cat skid steers. Their business consist of street cleaning subdivisions for track builders, developers and some small municipalities. They also install inlet protection for storm drains. The street cleaning and inlet protection is required by each town or city. The customer has no choice but to have this service done. They currently service Raleigh, Durham, Chapel Hill and the surrounding areas of the triangle..

Facilities: Real estate - 2 buildings total 10,800 sq. ft., 2 half acre lots and paved parking. $635,000 in fairly new equipment. The real estate can be bought or leased.

Competition: There is very limited competition for street cleaning.

Seller Financing Available: Yes

Financing: Small amount to structure a loan with a lender for the buyer.

Support/Training: Working partner will offer a 2 week training and transition period at no cost. Will work longer under a management contract.

Reason Selling: Partners planned to sell business after 5 years when they started business.

Business For Sale By

Sunbelt Business Broker

919-787-0566

Sunbelt Business Advisors--Raleigh

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