25 HR/WK = $71,000 NET PROFIT, OC Floor Maintenance Route

Orange, CA (Orange County)

25 HR/WK = $71,000 NET PROFIT, OC Floor Maintenance Route

Asking Price:$110,000

Cash Flow:$71,926

Gross Revenue:$81,880

EBITDA:N/A

FF&E:$4,500

Inventory:$300

Established:1991

25 HR/WK = $71,000 NET PROFIT, OC Floor Maintenance Route

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Business Description

The Owner established this Professional Floor Maintenance Route 25 years ago and his accounts are all long-established customers. This is a 'floor-only' service...no rugs or carpeting. A variety of floors are serviced including all kinds of tile, concrete, wood, and others. The services include cleaning but also stripping & waxing as well as other flooring services. The Owner does all the work himself with the exception of an occasional helper when needed on big jobs. His helper has 25 years experience in floor maintenance, is paid $292 per month, and may be available for hire by the New Buyer.
The hours are flexible but the hours of service that the Owner has chosen are from 4 pm to midnight; however, 10% of the work may be done during the day.
The accounts are mostly professional health & service businesses.
The Owner will train and then consult with the New Buyer after training is completed.
The equipment & inventory are included in the sale. The Owner's truck may be available for sale at an additional price.

Detailed Information

Inventory:
Included in asking price
Employees:
1occasion helper
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Since the Owner services the accounts at their location there is not the need for an office or store. If storage is needed then the Owner's garage should suffice. (Home Based) (Home Based)
Competition:
Knowledge of the proper care of flooring and the correct equipment for the job are what keep your customers loyal and happy and is one of the major protections from competition.
Growth & Expansion:
Vendors who provide good service and do adequate low-key marketing generally do well and expand their businesses. During training the Owner will train the New Buyer how to obtain new accounts.
Support & Training:
The Owner will train and includes a 90-day consulting period which begins at the end of training. Also included is a non-compete covenant.
Reason for Selling:
The Owner has some other business interests.
Home-Based:
This business is Home-Based

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Jim Gallaher

Business Listed By:
Jim Gallaher

Silverbridge Inc.

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