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Automated Parking Lot Sweeping Company For Sale

Fort Walton Beach, Florida
Asking Price:
$265,000 (USD)
Sales Revenue:
$360,000 (USD)
Cash Flow:
$109,000 (USD)

This Automated parking lot sweeping company owns six sweeper trucks and has trained drivers and a mechanic in place. The company has contracts with major big box retailers and other commercial entities in place. The semi hands on owner interacts with the clients and runs the operations from a well located office/ garage facility. This business is very well established and the owner benefit and the owners discretionary cash flow for the last full tax year was about $109,000 after expenses. The business has the equipment and employees in place for further expansion into nearby markets which are not currently being served. The retiring owner will provide transition training and sign a strict non-compete agreement.

Property information

Real Estate:

Lease

Lease Terms:

Negotiable

Leasehold Rent:

$11,448 (USD) per annum

Location:

Business operates in a 3 county area of Northwest Florida's Emerald Coast Region. The main office and garage facility is in Fort Walton Beach.

Business Operation

Expansion Potential:

The business is in a perfect location to expand to the East and West.

Competition / Market:

Competition is very limited.

Reasons for selling:

Retiring

Trading hours:

The drivers work at night from 10PM to 5 or 6 am. The owner works during the day Monday through Friday and has flexible hours.

Employees:
5 full time employees consisting of 4 drivers and one mechanic
Years established:
30 years with current owner 11years

Other Information

Support & training:

The seller will provide full transition training.

Furniture / Fixtures value:
$132,000 (USD)
Related Documents:

Contact Information

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