Professional Cleaning Service Business

Rockingham County, NH

Professional Cleaning Service Business

Asking Price:$180,000

Cash Flow:$106,647

Gross Revenue:$303,343

EBITDA:N/A

FF&E:$80,000

Inventory:N/A

Established:1990

Professional Cleaning Service Business

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Business Description

Janitorial Services - Established, Profitable, Seller Financing

This is a very well established, professionally-managed, turn-key commercial janitorial business specializing in office cleaning; floor cleaning, including carpet, including, vinyl, wood, and ceramic floors as well as upholstery cleaning. Located in Greater Salem, NH. It was established by the current owner in 1990. The business has a current customer base of 70 accounts so sales revenues come from a diverse customer base which minimizes account risk. They also have a database of about 700 businesses which can be cultivated to become customers. Most of the customers are located in the Merrimack Valley and surrounding areas.The business owns all the equipment necessary to perform all their services including 4 vans and 1 pickup truck as well as all the floor cleaning machines and miscellaneous equipment (Estimated FMV $80,000). All in good working condition. During the past 3 years, sales and earnings have been growing and the business had another year of growth in 2016. Staff is well trained and reliable allowing the owner to take time off to go on vacations. The business has excellent books and records making the due diligence process easy to verify. The business is located in an industrial park with office space and a garage to park vans inside at an attractive lease rate. This opportunity is turn-key with growth prospects and is being offered because the owner is retiring. Seller will stay on for a smooth transition period after closing. To learn more, email or call John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC at 603-880-8200.

Detailed Information

Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business leases approximately 1500 sq. ft. of space in an industrial office park which includes office space and warehouse space with a garage door allowing to park the service vehicles inside.
Growth & Expansion:
Adding additional accounts through increase sales efforts. The owner believes that a new owner would benefit by focusing and promoting the carpet and upholstery cleaning services.
Financing:
Seller will finance part of the sales to qualified buyer. Term negotiable.
Support & Training:
Seller will provide 2 weeks of training included in the sale immediately after closing, though additional time is negotiable.
Reason for Selling:
Retirement

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John Coto

Business Listed By:
John Coto

Alliance Business Brokers, LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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