Asking Price: $400,000 Gross Revenue: $633,724Cash Flow: $225,193 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Family owned and operated business that has been serving the area for 25 years. This janitorial and housekeeping business serves commercial, residential and rental properties. Janitorial services for Commercial and Rental Cleaning account for 88% of the business. The remaining income is generated through residential cleaning, carpet cleaning and hot tub service and repairs. There is an increased demand for rental cleaning and housekeeping services during the summer vacation season and winter holiday/ski season. The company has an impressive list of 400 active customers. This list consists primarily of rental agencies, homeowners and office businesses. SBA financing is available for a qualified buyer with 15-20% down. Seller is looking to retire after many years in the business. Seller currently operates the business Monday-Sunday 9 am to 5 pm. Per the Seller, the competitors in the market consist of small one or two person cleaning businesses.
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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