Asking Price: $124,500 Gross Revenue: $162,000Cash Flow: $96,600 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $800 not included in asking priceFF&E: $5,000 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.
This is a veteran owned business servicing the Hampton Roads region. This is a highly competitive commercial cleaning franchise company that specializes in eco-friendly cleaning products and procedures. They offer a wide range of customer locations including shopping malls, office buildings, hospitals, hotels, sports venues, colleges, manufacturing facilities, restaurants, and more. They provide all their clients with safe and environmentally responsible green cleaning services. They do a thorough cleaning job with environmentally friendly products that reduce Earth polluting contaminants. The franchisor obtains business contracts. There is unlimited earning potential for local contracts obtained by the owner.
With proper management and advertising this business can reach another level possibly becoming an absentee run business if the new owner outs together a good sales team. Reason for sale, owner wants to retire. Owner will consider seller financing for qualified buyer and will stay on for 2 weeks to train.
-Owner operated business model.
-Home based business. Work is done on site at client's facility/location.
-No leases or store front to maintain.
-Major growth in the area and tons of potential for expansion of business.
Highly Profitable Commercial Cleaning Franchise Company
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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
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