Service Business

Newburgh, IN
listing image
Asking Price:$4,399,000
Inventory:$35,000
FF&E:$2,318,000
Established Year:1984
Gross Revenue:$3,924,334
EBITDA:$500,000
Real Estate:$1,349,000
BUSINESS DESCRIPTION

Maintenance Business

UNIQUE BUSINESS OPPORTUNITY IN INDIANA & KENTUCKY...
This dual location maintenance business servicing corporate clients in So. Indiana,
Henderson, Owensboro, Hanson, Madisonville, Beaver Dam, Bowling Green,
Hopkinsville, Oak Grove and surrounding areas is ready for new ownership. In business over 40 years and owner ready to retire!
- Price: 4,399,000 - Real Estate: $1,349,000 / Business: $3,050,000
- Over $2M in modern fleet vehicles
- Indiana location includes living quarters - 9,158 SF
- Kentucky location: 13 Acres
- Sales: $2,741,244 - 2022; $3,924,334 - 2023
* FFE consists of: $35k office, $135k tools, $2,148,000 fleet
* Further info available with signed CA for pre-qualified buyers


ATTACHED DOCUMENTS
Confidentiality Agreement.pdf.pdf Download

DETAILED INFORMATION
Location
Newburgh, IN
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
18,226
Employees
32
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Each location has its own warehouse and office. IN location has 2 acres, office, garages. KY location has 13 acres, garages and office.
Competition
Largest service business within their industry in Southern Indiana and Western Kentucky.
Growth & Expansion
There is no sales force calling on potential clients as the owner/seller is nearing retirement and not looking to expand. Growth would be exponential with a sales team.
Financing
Cash to seller
Support & Training
60 Days
Reason for Selling
Owner Retiring
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Susi Racine
Susi Racine