Well Established and Growing Cleaning Business

Hilton Head, SC (Beaufort County)

Well Established and Growing Cleaning Business

Asking Price:$225,000

Cash Flow:$120,000

Gross Revenue:$400,000

EBITDA:N/A

FF&E:$5,000

Inventory:$25,000

Rate/Sq. Ft.:$10.00

Established:2006

Well Established and Growing Cleaning Business

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Business Description

NEW LISTING. High growth opportunity. Business provides cleaning services for both privately-owned and professionally-managed vacation rental properties ranging from condominiums to vacation homes. In addition, more than 40% of revenues are generated from commercial, non-seasonal accounts. Great opportunity for an individual or couple to live and work in one of the most beautiful and vibrant vacation/retirement areas of the coastal lowcountry. Call Terry Huetter at 843-540-9429 for more information

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,500
Lease Expiration:
12/31/2016
Employees:
2 full time, 25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1500 SF office warehouse facility in convenient business area. One year current lease with renewal options. Leased commercial grade laundry equipment is included.
Competition:
Over 40 similar businesses in the local market, none of which is dominant. Owner believes that the company's excellent reputation will serve a new owner well.
Growth & Expansion:
Revenues increased over 20% in 2015, and continues to grow in 2016,
Financing:
To be determined
Support & Training:
Seller will train and assist the new owner to facilitate transfer and client retention..
Reason for Selling:
Retirement

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Terry Huetter

Business Listed By:
Terry Huetter

Business Brokers of the Low Country

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