Commercial Kitchen Exhaust Cleaning Company (ID: 1096091)

Seller Financing Available!
Asking Price: $149,000
Gross Revenue: $522,000
Cash Flow: Not Disclosed
Inventory: n/a
Real Estate: n/a
FF&E: $40,000 ++
Business Listed by LISTING BROKERMurphy Business & Financial Corporation
Contact Broker:Ira RashapMurphy Business & Financial CorporationView All of My Listings
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Business Description

The beauty of this business is that all commercial kitchens are REQUIRED BY LAW to have their ventilation and exhaust systems cleaned regularly. The Company has well over 200 accounts, guaranteeing a good recurring income. Grossed $522 k in 2013. Most of the accounts are restaurants. With a marketing effort, the potential is unlimited. Has 5 certified technicians. Price includes 2 vans and all necessary equipment. The average account brings in about $1,800 per year. Seller will train and it would be a good idea for the Buyer to get certified, which takes about 3 months. The Seller may be willing to stay on in some capacity to help grow the business.

About the Business

Year Established: 1992
Number of Employees: 5 FTE; 2 PTE
Relocatable: Yes

Home Based: Yes

Facilities: Home based

Market Outlook/Competition: Marketing. There is opportunity as most Companies in this industry are mom and pop companies and do not do extensive marketing. While there is competition, the potential account base is enormous. Many Companies come and go, but this Company has a 20 year history.

About the Sale

Reason For Selling: Burn out - Starting another business

Training/Support: Will train for 2 weeks @ no cost

Seller Financing: $99K down/$50K for 24 mos @ 6%.

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LISTING KEYWORDS: Commercial Cleaning, Restaurant Hood Cleaning, Restaurant Equipment Cleaning, Business for sale, home based, Massachusettes

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