Niche Property Preservation Business with $500k+ EBITDA
Listing number: 60299
Location: California
Year established: 2012
Established full-service property preservation and general contracting company, offering a variety of services including trash outs, evictions, recurring lawn and maid services, landscaping, and more. Fully licensed as a construction company, they handle projects for major clients such as Wells Fargo, US Bank, Raymond James, and others. While the majority of the work is based in California, all non-field staff, including the owner, operate remotely.
Approximately 75% of the properties serviced are in foreclosure, with 99% being residential. The business has built strong, long-term relationships with banks over the past 10+ years, offering substantial growth potential. By expanding into new territories, the seller states the business can easily secure additional work simply by informing the banks that new manpower is available in those areas.
The company is well-managed, with robust quality control both in-house and on-site, making it an excellent opportunity for a new owner looking to scale. It operates with a reliable team of 7 full-time employees and 4 independent contractors, all in a fully remote capacity.
The current owner holds the General Contractor (GC) license and handles all bidding currently, so the ideal buyer would either have a construction background or own an existing construction-related business. The listed net profit includes a $150,000 replacement salary for the owner. While the seller is looking to retire, he is willing to stay on after the sale to help transition the role of estimator.
This business is showing healthy, consistent profits and is primed to scale. Reach out now to request more details and sign an NDA. This is an exciting opportunity that will sell quickly!
Asking price: $2,100,000
Adjusted net income: $576,524
Revenue: $3,875,244
Down payment: $1,600,000
Lease information
Asset information
- Equipment/fixtures: $175,000
Additional information
- Employees: 7
- Training: Flexible
- Reason for selling: Retirement
Dylan McGrath
For more information or to inquire about this business contact Dylan McGrath
- Office number: 619-455-2925
- Cell number: 760-780-9204
- License number: 1883640
- Agent email: ann@sdbiz.com