Hot Listing
Recurring Revenue (Contractually Based), Seller Financing Available
Business Description
Will sell full ownership but not ideal scenario. I grew this from the ground up and would like to work with somebody in continuing the development and growth while remaining an equity partner.
What am I looking for in a Partner? Somebody to learn and help grow the business.
Company Info:
This janitorial business operates in mid/high rise apartment/condo complexes. The company has established relationships and works with large property management companies. Further multi-city expansion is underway. Company is member of associations that host many networking events and has fostered large company relationships through it.
Company operates on its own software developed strategically by owner & software engineer with AI integrations. Fully operating with a Director of Operations in place to handle all day to days. Owner travels 5-7 days a month and does everything else remotely. Expansion has grown consistently year to year and most importantly has retained all 100% of clients since its conception. Owner will setup formal meetings for client introductions.
Debts: Company has 0 debts. Owner has purchased and owns all operating equipment at all properties.
Seller Financing is Available with a Min. of 50% down at 7.75% rate over a 30-year amortization schedule.
Pricing: 50/50 $2,350,000
What am I looking for in a Partner? Somebody to learn and help grow the business.
Company Info:
This janitorial business operates in mid/high rise apartment/condo complexes. The company has established relationships and works with large property management companies. Further multi-city expansion is underway. Company is member of associations that host many networking events and has fostered large company relationships through it.
Company operates on its own software developed strategically by owner & software engineer with AI integrations. Fully operating with a Director of Operations in place to handle all day to days. Owner travels 5-7 days a month and does everything else remotely. Expansion has grown consistently year to year and most importantly has retained all 100% of clients since its conception. Owner will setup formal meetings for client introductions.
Debts: Company has 0 debts. Owner has purchased and owns all operating equipment at all properties.
Seller Financing is Available with a Min. of 50% down at 7.75% rate over a 30-year amortization schedule.
Pricing: 50/50 $2,350,000
About the Business
- Years in Operation
- 2
- Number of Employees
- 26
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Market Outlook / Competition
- Recession Proof. In its first year (10 months) the company grew from $0 to $1.1 in revenue.
- Opportunities for Growth
- Opportunity- Company needs a sales force geared toward expansion. Owner has done all the relationship building and was the "sales" for the company.
Pros- The company can fully operate efficiently without owner. Owner has weekly 1 hour meetings every Wednesday with director of operations.
About the Sale
- Seller Motivation
- Would like to find a partner willing with established relationships that could h
- Transition Support
- Owner will stay on for 24 months to train (in event of full buyout), consult, and mentor the new owner.
- Financing Options
- Min 30-yr amortization schedule.
Listing Info
- ID
- 2362887
- Listing Views
- 3816
Attached DocumentsAttachment Disclaimer
Listing ID: 2362887 The information on this listing has been provided by either 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 and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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