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Irrigation Installation & Maintenance - SOLD

Location: WIlmington NC

ID: (#200901)

This Business Has Been Sold.
200901
Price:$485,000
Revenue:$1,900,000
Cash Flow:$220,000
FF&E (Assets):$256,000
Inventory:$95,000
Real Estate:$0

Overview

Long standing business that specializes in commercial and residential irrigation installation, repair and maintenance. Over 600 customers with annual maintenance contracts.

Management in place. Owner works in the business as estimator and overseeing the office. Irrigation Contractor license required to operate this business (would be covered by GC license).

17 trucks and utility vans, 16 machines/equipment and 4 trailers included in the sale.

Details

Reason for Selling:

Other business focus

Established:

2010

Employees:

17

Furniture, Fixtures, and Equipment (FF&E):

All equipment used and useful in the business included in the sale.

Facilities:

NA

Inventory:

Inventory will be sold to buyer at closing at seller's cost. It is not included in the asking price.

Competition:

This company sets itself apart from the local competitors by its specialization and size of the business.

Opportunities for Growth:

Focused business development with contractors and commercial property management companies would grow the business if desired.

Support and Training

Seller will be available to train the new owner as required and subject to agreement.

Broker Contact Information

  • Regina Fisher
  • North Carolina - Wilmington
  • (910) 520-0737 Mobile
  • (910) 520-0737 Office
  • (910) 623 9033 Fax
  • Appointment Only:
  • NC #282486
  • North Carolina - Wilmington
  • By Appointment Only
  • 1314 Culbreth Dr
  • Wilmington, North Carolina 28405
  • Real Estate Broker: NC #282486