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For Sale: Facilities Maintenance Services - Fairfield County, Connecticut

  • Status: Active

  • Posting ID: 279859

  • 3/25/23

$1,700,000.00

Asking Price

Fairfield County Facilities Maintenance Services Business For Sale

Description

The company's focus is capital project management. It does regular facility maintenance as well as remodels, etc. for its long-term customer base. Here is a short list of services: HVAC, Plumbing, Carpentry, Drywall, Electrical, Flooring, Masonry, Painting, and Project Management.

Nationally they have built strong strategic relationships with quality, licensed, and insured service providers who have worked in the retail arena for many years. They are committed to providing quality service and excellence through diversity.

This company's mission is simple: 'To deliver superior service to all customers. This firm recognizes and values the importance of forging long-term relationships, which helps them better understand customer needs.'

They serve several Fortune 1,000 companies (Big Box retail, Small Box retail, restaurant Chains, Medical Facilities, Industrial Buildings, and large Office Buildings), as well as other types of customers, including property management companies. Recurring revenues are a high percentage of sales each year. The primary geography served is eastern New York and Connecticut.

This firm is commercial and industrial focused and this accounts for over 90% of sales each year, but also does do a handful of residential jobs each year as well. The company provides turnkey single-source solutions for all capital project needs. They conduct site visits, outline the project scope, and get it done by delivering on time and within budget. They believe communication along the way is vital to maintain a successful relationship.

What sets this business apart from others is its wide range of facility management services and outstanding customer service. As a result, this firm has experienced significant growth and profitability over the last 10 years. The company's strength is that one call does it all. They perform all services any customer needs with a single call, no matter the service or trade required.

A savvy buyer will be able to take advantage of this firm's strong foundation of multi-faceted experience and knowledge in the area of facility management solutions.

The ideal buyer could be a larger company/competitor that offers similar services and whose five-year-plan includes augmenting its current business or a private equity group that recognizes this potential and can provide the resources for it to expand, or an entrepreneur who has the capital and expertise to take this company to the next level.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E): $80,975 Included in the asking price
Support & Training: Seller will negotiate a transition period
Reason for Selling: Additional Capital is needed to take the company to the next level

To get more information about this Facilities Maintenance Services business for sale in Fairfield County please phone Frank Caroselli (Intermediary, Broker) at 732-494-1411 Office - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #279859 on BizBen.com. In addition to phoning Frank Caroselli, make sure you email Frank Caroselli above to get more info about this Facilities Maintenance Services, to ask any questions or request an appointment to see this business for sale. Thank you. Sunbelt & Frannet of New Jersey.

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Contact

  1. Name: Frank Caroselli
  2. phone iconPhone: 732-494-1411 Office

Details

  1. Asking Price: $1,700,000.00

  2. Down: Call / Email

  3. Cash Flow: $675,991.00

  4. Revenue:    $3,821,468.00

  1. Area: Fairfield County

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & SupportOwner/Seller Financing

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