Small Thurston County Commercial Cleaning Service

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Asking Price:
$225,000

Gross Revenue:
$202,655
Cash Flow:
$115,763
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

After twenty three years of operating this commercial cleaning business, the seller's are ready for retirement and want the company to continue providing services to their long term clients. Originally started as a way of allowing the seller's to have a more flexible family schedule, this business has developed over the years where the employees do most of the production on routes and the seller concentrates on bookkeeping & clients. Most of the clients, including their first one, have stayed loyal throughout many years and are not overly dependent on personal relationships. Due to length of time, energy levels and family issues, the Seller's have lost their drive for growth and are operating basically on autopilot. An ambitious buyer who is savvy with modern marketing will find this to be a diamond in the rough with plenty of upside potential. If you're looking for an affordable business with a strong, stable base income-inquire with us today! All inquiries will be asked to submit an NDA to receive details.

About the Business

Location:
Olympia, Washington
Year Established:
1996
Number of Employees:
8
Home Based:
Yes
Facilities:
The business is currently home based and all employees are dispatched from their homes. All materials and equipment are stationed at the client's facilities so the business only requires a small office.
Market Outlook/
Competition:
The competition are larger commercial cleaning businesses with high overhead and inflexible service policies. The seller has positioned themselves into professional offices and has a twenty three year track record without any marketing. They are a small player in the market but have loyal clients. There is some high client concentration with a larger customer, however, they've been with this business for many years and the relationship is not a personal one.
Growth & Expansion:
While building their business without any web presence, advertising or any modern marketing-they've been successful for years purely on word of mouth and referrals. Expansion could be had simply by starting to market, build a website and have search engines direct traffic through ad clicks or other methods. Attending chamber events etc…
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will provide a transition and training as required by the buyer and for smooth client transfer.

Listing Info

ID:
1607145
Ad Detail Views:
0

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Business Listed by

Wes Martin

Sound Business Brokers

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U.S. Census Data for Thurston County, WA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Thurston County, WA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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