Dual Location Maintenance Business for Sale in IN/KY with Owned Real Estate Assets

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Financial Details

Asking Price:
$3,599,999
Annual Revenue:
$3,924,334
Cash Flow / SDE:
$500,000
Profit Metric:
EBITDA
Valuation Multiple:
7.2x
Location:
Newburgh, IN, US
Source:
Date:
November 05, 2025

Key Highlights

Highly established business operating for over 40 years (since 1984) with strong regional presence in IN and KY.
Significant tangible assets included, featuring owned real estate and over $2M in modern fleet vehicles.
Immediate growth potential by implementing a dedicated sales force, as current owner is retiring.

Description

This is a unique opportunity to acquire a well-established, dual-location maintenance service business operating successfully across Southern Indiana and Western Kentucky for over four decades. The business boasts significant hard assets, including owned real estate (one location featuring living quarters) and a modern fleet valued at over $2.1 million, in addition to substantial tools and office FF&E. With 2024 revenues approaching $3.4 million and EBITDA of $500,000, this operation is primed for a new owner. The current owner is retiring, meaning the business is currently operating without a dedicated sales team, presenting exponential growth potential for an aggressive buyer. Training and support will be provided.

Industry Information

Industry Description:
Dual location maintenance business servicing corporate clients in Southern Indiana and Western Kentucky.
Classification:
Service Businesses

Operational Snapshot

Year Established:
1984
Employees:
32
Reason for Selling:
Owner Retiring

Real Estate & Lease

Status:
Owned
Real Estate Price:
$1,350,000 USD

Assets & Inventory

FF&E Value:
$2,318,000 USD
Includes FF&E:
Yes
Inventory Value:
$35,000 USD
Includes Inventory:
Yes

Broker Contact

Name:
Susi Racine
Phone:
812-459-1463

Listing Details

Listing ID:
1242bb9f-03df-4887-962a-0ee6c128dd6a
Source Listing ID:
Ad#:2226855
Deal Status:
For Sale
Last Updated:
November 05, 2025
Currency:
USD

Features & Tags

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