Commercial and post-construction cleaning company for sale with high profits with over 15 years in business. Owner has operated as semi-absentee for the last several years. This business does not rely on marketing or a sales force to generate revenue as most contracts are generated by word of mouth with its stellar reputation in the Triangle area.
This is not a franchise and has several large clients under recurring contracts. This is one of the most attractive cleaning companies on the market positioned for stellar success in the future. Please contact Adam Ezell at (919) 622-4099 or [email protected] for more information.
Financial Information
$1,100,000
Asking Price
$430,000
Cash Flow
$1,600,000
Gross Revenue
Negotiable
Down Payment
Yes
Financing
Business Location
City:
Triangle Area
State:North Carolina
Financing Comments
Dependent on offer - up to 10%
Reason for Sale
Retirement
Detailed information
Year Established:2007
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:Yes
SBA Prequalified:Yes
Full-Time Employees: 30
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:15
Adjusted EBITDA:
On request
Inventory Included: Yes
Inventory Value:
$3,000
Monthly Rent:
On request
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 1500
FF&E Included?: Yes
FF&E Value: $40,000
Training/Support
The owner is willing to stay on for several months to assist in the transition. The management team is in place to continue operating the business and maintain relationships.
Facilities
Utilizes a storage/admin building. Easy to relocate.
Market Outlook/Competition
The Triangle area is a destination location with many businesses moving to the area and construction is booming which provides more commercial cleaning opportunities. This business has great relationships with developers and businesses which generate word-of-mouth growth for both residential and commercial cleaning. Any new construction gives this cleaning company more opportunities to take on lucrative post-construction cleaning opportunities. The outlook for this business is excellent.
Real Estate Description
The office is leased on a yearly basis to provide flexibility. Clients do not often visit the office.