Well Established Commercial Cleaning Company - Northern New Jersey!

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Business Description

This well established cleaning and janitorial supply company, with an outstanding reputation for reliability and a quality job, operates primarily in Northern New Jersey, in Hudson, Bergen, Passaic, Essex, Union and Morris Counties. The business has consistently produced strong revenues and reliable cash flow to the owner over the years. Revenues primarily come from cleaning services, with a smaller amount coming from sales of supplies to its cleaning service customers. Client base is mostly located within twenty miles of this company's headquarters and includes retail store chains in major malls, office buildings, major warehouses, schools, day care centers and others. Well equipped and staffed to take on daily cleaning accounts, both days and evenings as well as very profitable one off major cleaning assignments and emergency after hour commercial cleaning.

About the Business

Location:
Passaic County, New Jersey
Year Established:
1985
Number of Employees:
60
Real Estate:
Leased
Building Sq. Ft.:
4,800
Rent:
$3,100.00 Per Month
Lease Expiration:
6/30/2021
Facilities:
Business is headquartered in a 4,800 square foot office/warehouse facility.
Market Outlook/
Competition:
This Company has a stellar reputation for reliability, honesty, and quality that has ensured consistent work over more than a quarter of a century. Great opportunity for new owners to hit the ground running with ongoing revenue stream.
Growth & Expansion:
Great opportunity to expand business with updated marketing. Current business is successfully sustained by referrals and word of mouth.
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About the Sale

Reason For Selling:
Owner retiring after thirty plus years.
Training/Support:
Owner is available for a period of transition after the closing if necessary, to be agreed to with Buyer.
Seller Financing:
Dependent on terms and credit of Buyer.

Listing Info

ID:
1629109
Ad Detail Views:
0
Asking Price:
$600,000

Gross Revenue:
$1,300,000
Cash Flow:
$180,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$200,000
included in asking price

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Business Listed by

Bill Weber

Apogee Business Brokers LLC

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