Maintenance and Repair Company with Recurring Revenue

Cobb County, GA

Seller Financing Available
Maintenance and Repair
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Asking Price: Get Financing: $299,000

Cash Flow: $65,000

Gross Revenue: $268,000

EBITDA: $40,000


Inventory: $5,000

Lease Rate: $650 /SF/Month

Established: 1988

Maintenance and Repair Company with Recurring Revenue

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Business Description

Amazing opportunity to own a local service business with recurring revenue! This company has been in business approximately 20 years and services the gym equipment in hotels, condo associations, apartments, hospitals and more. The clientele are varied and no one customer accounts for more than 5% of revenue. Sales are approximately $270,000 with $85,000 coming from contractual service, either weekly, monthly or quarterly. The company has remained stagnant over the last four years at these levels and the owners are not actively pursuing leads or looking to grow. There are three great opportunities available and for a new owner who is ready to get involved, this could be a million dollar company within 3 years. In addition to service, the company also repairs equipment and has some new equipment sales. There are 2 ½ technicians and an office manager. Net Profit is approximately $40,000.00 - $50,0000.00. This could be run out of a house to further boost profits. Owner would like to sell after January 1, 2018. Lease is month to month. A great opportunity! A NDA will be required before any information is discussed or released.

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Currently leasing a location in Cobb county at $650.00 per month
Very few competitors in the area, possibly 2 - 4
Growth & Expansion:
There is a lot of growth potential on the table and available. Currently we have 3 opportunities for substantial growth that would be made available for the right owner.
Owner willing to finance $75,000 of purchase price
Support & Training:
2 Months Training included
Reason for Selling:
Owner is interested in a semi retirement
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Business Listed By:
Mary Cahill

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