Excellent Commercial Cleaning Business in Hartford County, CT - 32124

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Asking Price:
$499,000

Gross Revenue:
$1,000,000
Cash Flow:
$240,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$20,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Commercial Cleaning Service - 80% State and Municipal Contracts. Not a franchise. This business has seen sharp growth over the past 3 years. They have focused on capturing recurring state and municipal contracts, primarily in Hartford County. Most contracts are locked in until 2022. They are typically 3 year contracts with 2 year options. Contract work alone for 2019 should be a locked in for a minimum of $900K in total revenue. Cash flow is expected to exceed $240K. There are currently 24 (W-2) employees on staff with management in place. We are seeking a serious and financially qualified buyer with at least $399,999 in liquid funds to cover the down payment.

About the Business

Location:
Hartford County, Connecticut
Number of Employees:
24
Website:
www.vestedbb.com/lid-32124
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About the Sale

Reason For Selling:
Moving
Training/Support:
Seller will train
Seller Financing:
399,999.00 Down & $100K over 24 months @ 6%

Listing Info

ID:
1622107
Ad Detail Views:
862

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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