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Commercial Cleaning/Janitorial

MD

Commercial Cleaning/Janitorial
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Asking Price: $5,500,000

Cash Flow: $1,291,881

Gross Revenue: $5,804,572

EBITDA: $1,172,451

FF&E: $75,000

Inventory: $10,000

Rent: $4,000 /Month

Established: 1997

Commercial Cleaning/Janitorial

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Business Description

B2B Service Company, High Margin Contracts, 22 Years of Success History, Recurri

This is a Janitorial company with only commercial clients and high margin existing contracts. The company has 22 years of success history. They have provided outstanding service and as a result word of mouth has brought them more clients during past several years. The demand for this industry has been growing nicely, and growth will continue in upcoming years. Clients consisting of shopping centers, shopping malls, public broadcasting, Churches, embassies, and office buildings.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,754
Lease Expiration:
8/31/2025
Employees:
136
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is conducted from 3,754 SF of building and 42,135 SF of lot with easy access.
Competition:
There are some other Janitorial companies in DC area, but long history of excellent service has kept this business above competition.
Growth & Expansion:
The owner devotes limited amount of time to this business and they have not done much of marketing and advertising. New owner with full time attention and more marketing may grow the company to new level. There are few projects on horizon that might generate over $1,800,000 additional revenue.
Support & Training:
Owner and current management will provide support and training to new owner for smooth transition after closing; owner may stay longer period based on mutually agreed employment agreement.
Reason for Selling:
Owner is planning to retire.
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Contact the Seller

(from currently available funds)
 
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Mike Zarinbaksh, MBA, CBI, M&AMIC

Business Listed By:
(Mike) Majid Zarinbaksh, MBA, CBI

Sunbelt Business Advisors

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