Commercial Janitorial and Floor Cleaning Company

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Asking Price:
$350,000

Gross Revenue:
$249,630
Cash Flow:
$141,291
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$17,915
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This well-established, full-service commercial cleaning company which also provides floor cleaning and maintenance in Central Iowa is for sale. It has been a locally owned and operated business for 37 years. The business provides daily, weekly or monthly services to their loyal, long-term clients including department stores, retail mall clients, commercial office space, manufacturing facilities, and others. They typically work closely with a client to tailor their services to their specific needs. The company has developed contract terms with many of its clients which have improved its financial strength.

About the Business

Location:
Iowa
Year Established:
1980
Number of Employees:
6
Relocatable:
Yes
Home Based:
Yes
Real Estate:
Owned
Facilities:
The business currently operates out of the the owner's house.
Market Outlook/
Competition:
This is a terrific business opportunity for an entrepreneurial individual or an existing commercial cleaning business that would like to add to its client base, expand its territory, or expand its service offerings. Due to the large demand in the area for janitorial and floor cleaning services, this business can be grown by developing a sales/marketing program, hiring more employees, and by expanding the territory it serves.
Growth & Expansion:
This company has an excellent reputation with their long-standing clients and a new owner will be able to take advantage of existing agreements.
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Negotiable.

Listing Info

ID:
1423317
Ad Detail Views:
780

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Business Listed by

Scott Sctricker

Benchmark Business Group

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Sponsoring Broker:

Dennis Henderson
Benchmark Business Group


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