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Concierge Property Maintenance

 

Winter Park, FL (Orange County)

 
Seller Financing Available

Asking Price:$550,000

Cash Flow:$314,650

Gross Revenue:$1,212,347

EBITDA:N/A

FF&E:$40,000

Inventory:$1,000

Rent:N/A

Established:N/A

Business Description

Established for over 3 Decades. Owner Retiring.

Concierge Property Maintenance Company now available which has been in business with same owner since the 1980's. This company offers services for Central Florida's finest vacation second homes. The company doesn't rent homes for the owners, simply manages their property assisting with deep cleanings, inside an out a few times a year as well as minor home repairs and small decorating projects. The income streams consist of 60% cleaning, 30% home repairs, 10% decorating projects, and other miscellaneous items such as paying bills for the homes. This business has a full staff in place including, handymen, cleaning teams, scheduling, bookkeeping.

The Seller works less than 25 hours per week. The current office could be relocated elsewhere in Orlando very easily or stay in the current location. The majority of these vacation homes are located in Winter Park, Windermere, Dr. Phillips, Golden Oak and Orlando. The business has grown by word-of-mouth for years. A new owner could offer more services to the existing client base as well and advertise the amazing services currently offered. This business is ready to go to the next level. An SBA backed bank loan is not possible for this business with the amount of seller addbacks. This is reflected in the pricing. The Seller is willing to hold a small note. Numbers are annualized based on June 2022.

Detailed Information

Location:
Winter Park, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Vehicles come with the business.
Financing:
Seller will finance $100,000 for a qualified buyer.
Support & Training:
Seller will stay on for a smooth transition
Reason for Selling:
Retirement


Listed By: Jackie Ossin Hirsch

Background information

Reference:

400Concierge

Finance

Sales:

$1,212,347

Profits:

$314,650

Profit type:

Discretionary Earnings

Price and terms

Price:

$550,000

Down payment:

$450,000