Janitorial & Construction - 25yr SBA loan with RE
Asking Price: | $799,000 |
Gross Revenue: | $2,897,957 |
Established Year: | 1987 |
Cash Flow: | $379,489 |
Real Estate: | $1,000,000 |
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! 11094