Asking Price: $305,000 Gross Revenue: $309,436Cash Flow: $125,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 not included in asking priceFF&E: $20,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Commercial and Residential Cleaning Business. Home Based. Non-Franchised. Fully insured. This company has been established for 25 years (12 with the current owner) and they have a build a stellar reputation with both commercial and residential clients. They offer general office cleaning, floor stripping and waxing, power washing, window cleaning, etc. A rarity in today's market, THIS COMPANY DOES NO ADVERTISING/MARKETING FOR NEW ACCOUNTS. THEY DO NOT EVEN HAVE A WEBSITE OR FACEBOOK PAGE. All new clients come strictly from word of mouth. In the past year the business grossed approx. $309,436.00 with a cash flow of approx. $125,000.00. THE SELLER KEEPS EXCELLENT FINANCIAL RECORDS. The majority of sales come from commercial accounts with some seasonal residential accounts. The owner is selling as he is moving out of state. He would stay for several weeks after the sale to help in a training and transition period. He has painstakingly built the business and prides himself and his staff on customer service and attention to detail. That is why he has very high account retention. We are seeking a buyer with a professional demeanor and similar attention to detail who is serious and financially qualified buyer with at least $200K in liquid funds to cover the down payment. To learn more, please call or email Mel Vaz today at 631-909-1095 or firstname.lastname@example.org. ALL MEETINGS MUST BE SET BY APPOINTMENT.
Commercial and Residential Cleaning Business - 31076
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