Profitable Commercial Repair Service

Baltimore, MD (Baltimore County)

Seller Financing Available
Profitable Commercial Repair Service
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Asking Price: Get Financing: $344,000

Cash Flow: $140,000

Gross Revenue: $525,000


FF&E: $25,000

Inventory: $45,000

Established: N/A

Profitable Commercial Repair Service

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Business Description

This business has a solid cash flow in the commercial service industry. They perform repair, maintenance, and installation of commercial laundry machines in Baltimore and surrounding counties. Customers include hotels/motels, hospitals, nursing homes, senior living centers, athletic clubs and professional sports venues. Most customers are repeat customers and some customers are on routine preventive maintenance agreements. They also do installations of new washers and dryers. They are approved to do warranty work for manufacturers.

Gross revenue is over a half million with a six figure cash flow. Equipment included are two trucks less than 3 years old and an estimated $45,000 in parts inventory for routine repairs. The market outlook is very good with a great potential to expand into dry cleaning operations and other senior living centers and hotels/motels around the state. Market expansion into DC and Eastern Shore is such a huge potential growth for this business. This company has an exceptional reputation and very little competition.

Since there are no walk-in customers, the office can be easily located most anywhere around Baltimore. Space needed to run the operation is very small. The staff utilizes the latest in technology for repair calls. Due to health issues and age, the owner is ready to retire.

Detailed Information

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Furniture, Fixtures, & Equipment (FF&E):
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Elwin Wagner

Business Listed By:
Elwin Wagner

North American Alliance of Business Brokers

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Sponsoring Broker:
Scott Radin

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