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Janitorial & Construction - 25yr SBA loan with RE

Sonoma County in, California

Asking Price: Gross: Cash Flow:
$799,000 $2,897,957 $379,489

Furniture and Fixtures Value:
$0 ( not included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$1,000,000 ( not included in the asking price)

Business Summary:
BUILDING MAINTENANCE AND CONSTRUCTION WITH REAL ESTATE--$420,000 SDE in 2022!Established 40 years. Maintenance provides recurring revenue and generates additional, high margin construction services. Real property is valued at $1MM and currently produces $100K/yr. rent including rent paid by business and an apartment. Seller will remain as an RME for a period if required. If business (priced at $1m) and RE are purchased together a 25 year SBA loan is available (7.6%)and debt service with $200K down would be $161,028/yr., net cash flow $259,430/yr! 11094

 
   
   
Year Business was Established: 1987
   
Number of Employees: 26 FT/19 PT  
   
Facilities / Terms of Lease: Hours Monday thru Friday from 8 am to 4:30 pm 11094 Construction Business Rent for Business & Apartment Bank Payments Business Profit Net for owner Monthly $8,403 $13,000 $26,167 $13,167 Yearly $101,160 $156,000 $317,000 $158,000 $2MM Asking price with 10% down, 25 years at 7%. Monthly Payments: $12,722.03  
   
Owner willing to finance: SBA pre-approved  
   
Owner willing to train: 4 weeks, 20 hours per week  
   
Reason for selling: Retire  
 

 

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