Profitable Commercial Cleaning Co.: $193k Cash Flow

Madison, TN (Davidson County) (Relocatable)

Seller Financing Available
Profitable Commercial Cleaning Co.: $193k Cash Flow
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Asking Price: $575,000

Cash Flow: $193,789

Gross Revenue: $652,795

EBITDA: N/A

FF&E: $8,380

Inventory: $1,320

Established: 2008

Profitable Commercial Cleaning Co.: $193k Cash Flow

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Business Description

Profitable Commercial Cleaning Co.: $193k Cash Flow!

Executive Summary: This established, profitable, commercial cleaning business has a long history in the Nashville area. Projects include commercial cleaning, painting, carpet cleaning, and “punch list” service work for apartment complexes in their individual units, and their office & amenity areas. They also provide cleaning services to some residential housing clients. This is an expansion opportunity. The business has a large customer base and a solid reputation in this sector. This business is very consistent, with a lengthy history. The business finished with $652,795 in revenue and $193,789 in Seller’s Discretionary Earnings (SDE), respectively in 2018. The business and its brand could be scaled to different parts of Tennessee on a relatively inexpensive basis. The owner has also successfully built the team around the business, allowing the next owner to focus on strategy. The owner generally works 40 hours/week.

Detailed Information

Location:
Madison, TN
Inventory:
Included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is run out of the seller’s home. The business could also be relocated to a different spot in Nashville without much difficulty. (Home Based)
Competition:
While there are others in the commercial cleaning industry, this business has a lengthy history of satisfied customers, quality projects, and an outstanding reputation. The business occupies a strategic niche in the commercial market segment.
Growth & Expansion:
The current owner believes revenues could significantly increase in the next several years, if they were to pursue certain strategic avenues. Since the owner wants to pursue other ventures, this presents an opportunity for the next owner. The current owner has a solid support staff of reliable contractors.
Financing:
The owner will consider some financing for a well-qualified buyer
Support & Training:
The owner will provide training as needed to the buyer on a negotiable basis.
Reason for Selling:
The owner wishes to pursue new ventures.
Home-Based:
This business is Home-Based
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Wes McDonough

Business Listed By:
Wes McDonough

CGK Business Sales

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Sponsoring Broker:
Greg Knox

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