Services - Other Business Services | Services - Landscaping & Yard Services

Asking Price	$1,100,000	Inventory
Gross Income	$925,000	Real Estate
Cash Flow	$250,000	Year Established	1965
FF&E	$387,000*	Employees	12

* included in the asking price

** not included in the asking price

This is a fabulous opportunity to acquire an industry leading company in a recession proof industry. For more than 40 years this consistently profitable company has provided commercial power sweeping service provides total maintenance of all parking areas and walkways for the areas shopping malls, office buildings, and government facilities. The company utilizes the latest power sweepers, parking lot maintenance techniques and commercial cleaning supplies to achieve high standards of cleanliness and parking lot appearance. The company s air and broom sweepers are primarily from Tymco, the industry leader for reliability, efficiency, and performance.

Facilities: This company has a 5,900 square foot office and garage/maintenance building on a 10,000 square foot lot. The location is central to the company's customer base. The building is owned by the Seller, and is optionally available for purchase.

Competition: There are approximately 20 companies that provide sweeping services in the market area. This company ranks in the top 20% in revenues. Northern New Jersey has not seen a new power sweeping company in many years, so market penetration is the primary marketing thrust. The company maintains a 97% customer retention rate. The company therefore keeps ists customer base intact and takes advantage of its reputation to acquire new customers from its competitors.

Growth/Expansion: There is significant opportunity to expand business at cuyrrent customer locations, and to gain customers from its competitors. The current owner does not have proactive sales campaigns to accomlish this. Incresed advertising, web site development are just two examples of relatively low cost approaches to increase market penetration.

Financing: The seller will provide limited financing to a highly qualified buyer.

Support/Training: The seller is committed to the success of the new owner. He will provide 4 weeks of training at no cost to the buyer. After that period, the seller will be available for consultation.

Reason Selling: Retirement