Sold
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.
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