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Parking Lot Maintenance Company

Listing ID:
EDMONAB001-N100

Edmonton Region, Alberta, Canada

Other Specialty Trade Contractors

Sunbelt of Edmonton

View all listings from this office
Phone: (780) 471-4988
Fax: (780) 479-1052

The following broker is assigned to this listing:

Michael McCulloch

michael@sunbeltedmonton.com
Cell: (780) 905-3750

Description

This company has been around for over twenty years, and has established an excellent reputation for prompt service and good workmanship. They do parking lot maintenance in the Greater Edmonton Area, as well as some outlying areas. The work includes parking lot sweeping, line painting, crack-fillling, concrete repair and replacement, asphalt repairs and overlays, as well as snow removal and sanding. There are contracts in place with Property Managers. The work is ongoing, and there is much room for growth and expansion should the new owner(s)  choose to move the company in that direction. As the city is growing there is more commercial development, leading to more opportunities for new contracts. This is a highly profitable business, with substantial value attached to the Goodwill in the form of contracts and contacts.

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Financials

Asking Price:$1,250,000
Revenue:$1,700,000
Cash Flow:$550,000
Downpayment: NEGOTIABLE
Monthly Payroll:$15,000
FF&E Asking Price:$595,000 (Included in Asking Price)
Inventory Asking Price:$55,000 (Included in Asking Price)
Financing Available?No

Property

Type:Leased
Building Size:4000 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1989
Year Acquired:
Full-Time Employees:12
Part-Time Employees:N/A
Reason For Sale: