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Commercial Cleaning Services and Cleaning Supplies Retail

Cortland, New York (Cortland County)

Services - Other Personal Services | Retail - Miscellaneous Retail

Asking Price $198,911 Inventory $3,500* 
Gross Income $232,934 Real Estate  
Cash Flow $51,007 Year Established 2002
FF&E $50,000* Employees 13

* included in the asking price

** not included in the asking price

The Company's primary business is Office Cleaning, Floor Stripping and Finishing Floor Maintenance and Carpet Cleaning. Tasks include vacuuming, mopping, dusting, cleaning and shampooing of carpets and trash removal. Sanitation procedures are followed to keep kitchens and restrooms exceptionally clean. In addition, the Company sells cleaning supplies and paper product supplies. The territory is principally Cortland and Tompkins County. Sales are accomplished through the owner. The primary marketing and sales mechanism is through direct selling and referrals from established customers. The Company buys and sells all of its products in a competitive marketplace. The Company has no proprietary products or exclusive rights to sell its products. There are several competitors within the market range of the Company all selling similar products. Competition is based primarily on professional, prompt and courteous service.

Facilities: The Company is fully housed in approximately 600 square feet of office/warehouse space in Cortland NY. The building is owned by a third-party unrelated to the owner of the Company. It is leased with a month to month term for $422.00 including utilities. The owner believes that this lease is transferable under the current terms with a minor inflation adjustment. The Company reports that they do not anticipate any difficulties in securing a follow-on lease under similar terms and conditions.

Competition: Jm Murray Sheltered Workshop Advantage Cleaning S & S Cleaning Although there are many possible competitors, the Company is able to effectively compete by targeting its services directly to its loyal customer base, keeping prices competitive, offering superior service of accounts, and building additional business through it excellent reputation and resultant referrals. The staff is trained to clean the "TC" way.

Growth/Expansion: The Company s primary customers are (in order of amount of sales): Industrial/commercial establishments Medical buildings Office buildings. The active customer base includes approximately 18 different purchasers. No one customer accounts for more than 12% of total annual sales. The vast majority of customers have been repeat customers for many years. New customers are developed primarily through the owner's sales.

Financing: 50% financing for a period of 5 years at a 7% interest rate

Support/Training: The seller will remain with the Company after the sale as a paid employee/contractor/on-demand consultant for a period of 6 months to assist with the transition of ownership.

Reason Selling: Seek New Opportunities

Business For Sale By

Barbara A. Molvar

315-963-4516

Amazing Business Broker

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