Proven Municipal Fleet Service Business with Real Estate - Business for Sale
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Municipal Fleet Service Business with Real Estate in Michigan
MI, US
Added 4 days ago
Municipal Fleet Service and Maintenance
36 years in business
Retiring Owner
This business provides repair, maintenance, and service contracts for municipal vehicle fleets, operates from a 10,000 square foot facility on 4.25 acres in southeast Michigan, and includes real estate in the sale.
Key Information
Asking
$4.1M
Revenue
$2.5M
Earnings
$647K
Multiple
6.3x
Key Highlights
- Business has been established for 36 years.
- The business operates from a 10,000 square foot facility on 4.25 acres in southeast Michigan; real estate is included in the sale.
- There are eleven employees in addition to the owner-operator.
- On-hand inventory included in the sale has a cost basis of $250,000.
- Seller will retain cash and accounts receivable at close and retire all liabilities.
- Seller is prepared to carry a 10% seller note for a qualified buyer.
Contact Info
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