Renovations and Maintenance for Denver School Districts: Seller will carry 35%

Business Summary:
Their services revolve around maintenance andrehabilitation including renovations, drywall, light electricalsystem installation, plumbing, and demolition focusing onmunicipal work with over 50% of their revenue from the stateschool systems in the Denver Metro Area. The owner of thisbusiness is selling for retirement preparation but beforestepping away from this operation, he is dedicated toensuring the ongoing success and comfort of both the staffand clients which is why he has offered a transition period ofup to 2-3 years. As an added demonstration of his vestedinterest in the ongoing success of the business, the ownerhas also offered to carry 35% of the purchase price - this is 3times more than the average! This purchase includes$237,852 in equipment and vehicles as well as $377,424 inworking capital, along with a 100% collateralized bank loan!Their small but mighty team includes a General Managerwho assists with estimating, hiring and scheduling, 2 FieldSuperintendents plus 1 in billing, while the owner focuses onthe estimating and management of the overall business.Priced at $795,000 and with sales of $2,698,493 in 2022,this business is primed and ready for a new owner to step inand continue operations. This business is a fantasticopportunity for a wide variety of buyers, it possessesexponential room for growth in almost every field as theowner has kept things small out of personal preference. Dueto the recently passed infrastructure bill, this company isrecession proof due to their municipality focus.