Commercial Janitorial $ Govt Accounts, Absentee Outstanding Business (ID: 1014035)

FINANCIAL DETAILS
Asking Price: $50,000
Gross Revenue: $75,250
Cash Flow: $28,300
Inventory: n/a **
Real Estate: n/a **
FF&E: n/a **
Business Listed by Robert LillquistApeiron Business BrokersView All of My Listings
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Business Description

"Recession Resistant Business"  Attn: Seller announces that he has signed a new account 02/08/11. This account is expected to add $7,000 to the bottom line annually. No price increase to be enacted at this point to reflect this addition.......!!!!!PRICE REDUCED!!!! ...Accounts include Government (contracts) Great add-on business or start-up business. Sellers discretionary cash flow: for 2009 - $28,000. Seller operates as semi absentee/semi retired as he only checks on accounts monthly if needed. More accounts available for new buyer when they come available if new owner wishes to bid them. Asking Price: Was $65,000 Now $50,000 and will stay on to train new owner. Seller may help finance a small amount of this sale. Seller is semi- retired and wants to relocate to Washington State. Employees: 7 fulltime sub-contractors. Owner occasionally travels to accounts when needed or not to visit. Simple, easy business to manage from home or add to an existing cleaning service, or janitorial company. Good clean books and records for review.

About the Business

Year Established: 2008
Number of Employees: 1099

Home Based: Yes

Market Outlook/Competition: As new Government accounts come available Seller is given an opportunity to bid on the business. Seller states that if a new owner wants to build the business they could get into the residential market or spin off and add other services. 98% of the Sellers business is Government contracts that rollover each year provided the work and service is satisfactory.

About the Sale

Reason For Selling: Seller is semi retired and wants to re-locate to Washington State.

Training/Support: Seller will train new owner for 3-4 weeks as needed.

Seller Financing: Seller may consider a small carry back.

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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness.Please review our full Terms & Conditions here.

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