Street, Parking Lot Sweeping Service For Sale - Palm Desert, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Palm Desert |
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| County: |
Riverside |
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| City: |
Palm Desert |
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| Financial Information |
Detailed Information |
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| Price: |
$1,295,000 |
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| Down: |
$1,295,000 |
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| Revenue: |
$740,000 |
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| Adj. Net: |
$313,000 |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
No |
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| Franchise: |
No |
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| For Sale By Owner: |
Yes |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Palm Desert Street, Parking Lot Sweeping Service Business For Sale:
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Street and Parking Lot Sweeping Business
This business has been established in the Coachella Valley for over 20 years providing street sweeping services to private gated communities, municipalities, and construction sites. The company also provides parking lot sweeping and storm drain (catch basin) clean out services.
This business is an absentee owner business with long term management and operational staff in place. The owner participates 2-4 hours per month with some marketing and management of the equipment fleet. The current owner wants to pursue other business interests.
This business is recession stable and has weathered the recent economic changes well. The company is positioned to grow. An active owner could add to the revenue by proving outside sales and marketing. The business currently relies on basic yellow page advertisements, web site, word of mouth and repeat customers as a marketing practice.
This business is great as a passive investment for an absentee owner. An individual wishing to be an owner/manager of this business could see additional benefits and growth as well as an increase in owners discretionary cash flow. EBITDAR includes owner acting as operations manager.
The purchase price includes sweeping equipment. Owner may sell the business operation without the equipment fleet or other assets to facilitate a merger with another operation.
The owner prefers an asset based sale.
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