Facility Management Maintenance Company

23 Mar Facility Management Maintenance Company

Posted at 14:34h in by Anthony Citrolo 0 Comments

Location: New York, NY

Industry: Janitorial

Listing ID: 1271

This Service-Disabled Veteran owned company specializes in contractual building maintenance services. The company provides single-source facility management services such as cleaning, restroom sanitation, general maintenance, floor stripping & waxing, window washing, pest control and painting. Current contracts include City, State and Federal Institutions, including VA buildings, located in over 14 states. Over 30 years of experience and a long term reputation for excellence.

Demand for contract services is increasing due to building owners experiencing difficulties in hiring and retaining their own internal staff, as well as logistics and supply chain management challenges. This company is poised to meet this growing demand as a trusted source for experienced labor, program implementation and service expertise.

The company has experienced continuous growth while making customer relationships a top priority. A dedicated, experienced team is in place. The current owner is prepared to offer thorough training and support to the new owner. With the established status of the business, its sale would be ideal for an existing, Facility Management Company or Private Investor with experience in Service Contracting, Estimating, HR and Financing.

Listing Details

Revenue: $11,181,260

EBITDA: $1,256,289

Inventory: $20,000

Real Estate: (Not Included in Price)

Reason For Sale:

Owner age

Training & Support:

The current owners would be willing to provide 6-12 months of training to an incoming owner to ensure a seamless transition. They would be amenable to train prospective buyers on the specialized tasks they perform for clients and assist in migrating such tasks into the incoming owner’s system if needed.

Operation

Owner Hours Per Week: 48

Employees: There are a total of 90 FT Employees and 120 Part Time Employees

Location

Monthly Rent: 5,000

Type of Location: Industrial Park

Square Footage: 3000

Relocatable?: Yes

Facilities Information:

The company operates in a 3,000 square foot professional space which is fully utilized at 100% of office space. In 2nd year of 5yr lease.
The space is leased at $5,000 per month (includes utilities). They are in their 2nd year of a 5 year lease current lease which expires in September 2025.