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Snow Removal Company - Highly Profitable & Great Reputation - SC2250

Financial Information
Asking Price: $950,000
Cash Flow: $125,000
Gross Revenue: $600,000
Down Payment: $950,000
Adjusted EBITDA: $100,000

This Northern Nevada based Snow Removal Company is a Nevada Sub-Chapter S Corporation and was formed in 1997 and has been under the current ownership since inception. They service commercial, multi-family, condo associations, and residential accounts; keeping them clear and accessible even during the heaviest High Sierra snow storms. They have a large fleet of equipment including blowers and loaders, that help to facilitate on time snow removal no matter how fierce the snow storm. This company also has an office and repair facility local to the area they service. They also offer one time dig out services for customers within their service territory as well.

Business Location
City: Northern Nevada
State: Nevada

Reason for Sale
The reason for selling is that Seller would like to pursue other interests.

Detailed information
Year Established: 1997
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Part-Time Employees: 8
Contractors: N/A
Owner Worked Hours/w: 20
Inventory Included: No
Inventory Value: N/A
Monthly Rent: $4,300
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 1900
FF&E Included?: Yes
FF&E Value: $700,000

Training/Support
The Seller is willing to provide training at 30 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.

Facilities
This business operates out of approximately 1,900 square feet with monthly rent is $3100 and monthly CAM charges of $1,200. This includes a 1,000 square foot office space plus 900 square foot shop with utilities and a half bath. There is 1 year left on the current lease.

Market Outlook/Competition
The North America commercial facility snow and ice management service market size was estimated at $22.53 Billion in 2023 and is anticipated to grow at a CAGR of 3.0% from 2024 to 2030. The growing snowfall necessitates more frequent and intensive snow removal efforts to ensure the safety of pedestrians and vehicles. Accumulated snow & ice pose significant hazards, increasing the risk of slips, falls, and accidents.

CA 02282967
NV B.1003039.LLC
NV BUSB.0007191

Listed By: Charise Morojo

Background information

Reference:

SC2250

Year established:

1997

Reason selling:

The reason for selling is that Seller would like to pursue other interests.

Finance

Sales:

$600,000

Profits:

$125,000

Profit type:

Free Cash Flow

Operations

Employees:

Part-Time Employees: 8 Contractors: N/A

Equipment:

FF&E Included?: Yes FF&E Value: $700,000

Inventory:

Inventory Included: No Inventory Value: N/A

Furniture fixtures and equipment:

FF&E Included?: Yes FF&E Value: $700,000

Premises

Facility:

This business operates out of approximately 1,900 square feet with monthly rent is $3100 and monthly CAM charges of $1,200. This includes a 1,000 square foot office space plus 900 square foot shop with utilities and a half bath. There is 1 year left on the current lease.

Square footage:

1900

Rent and lease terms:

Monthly Rent: $4,300

Location:

Business Location City: Northern Nevada State: Nevada

Opportunities

Growth:

The North America commercial facility snow and ice management service market size was estimated at $22.53 Billion in 2023 and is anticipated to grow at a CAGR of 3.0% from 2024 to 2030. The growing snowfall necessitates more frequent and intensive snow removal efforts to ensure the safety of pedestrians and vehicles. Accumulated snow & ice pose significant hazards, increasing the risk of slips, falls, and accidents.

Market:

Price and terms

Price:

$950,000

Down payment:

$950,000

Financing:

Seller financing is not available at this time.

Training:

The Seller is willing to provide training at 30 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.