South DakotaUnion

Select Categories South Dakota
Commercial Janitorial with Absentee Owner
$504,000Cash Flow: $137,644Seller Financing
Commercial Janitorial with Absentee Owner

North Sioux City, SD

With over $200,000 in assets and a 16% profit margin, this janitorial and maintenance service provider cleans and maintains small and large office complexes. Services provided include Construction Site Cleans, Office Cleaning, Floor Care and more. Work is evenly split between weekly (50%) and quarterly (50%) cleanings for clients located in Nebraska, Iowa and South Dakota, all within a 20-minute radius of the owner’s office in Northeast Nebraska. After 20 years of existence, this company has a solid reputation among the janitorial industry. The owner is responsible for the accounting side, management and bidding of the business. Current Owner does not do cleaning or labor, nor the management of crews. There are 2 bilingual managers who are in charge of crews, 1 night supervisor, and 30-35 laborers. The typical office hours are 8AM – 5PM, but some jobs require hours anywhere from 5AM – 12AM. Included in the sale will be all equipment currently used for jobs at all sites including floor scrubbers, many vans and trucks, and other miscellaneous equipment. Current Owner has explored offering lawn and exterior services to existing clients, and a buyer could easily implement this. Growth opportunities also exist in bidding more jobs within the current territory. The profit has the potential to be greater if job bidding and services is increased even minimally. Year Established: 1996 Location: Eastern Nebraska Service Area: NE, IA, and SD within 20-minute radius of office Demographics: 50% weekly commercial cleanings, 50% larger quarterly commercial cleanings Building: 7,500 sq. ft. office (3,000 sq. ft. shop area within) Reason for Selling: Moving to Albany, NY Employees: 2 managers (bilingual), 1 night supervisor (Quality Control), 30-35 laborers Office Hours: Monday – Friday: 8AM – 5PM Seller Training Period: 90 Days Growth Opportunities: Bid more jobs & add exterior commercial maintenance (lawns, snow removal) to current client base Current Owner DOES NOT do cleaning/labor and DOES NOT manage crews

Become a Premium Member Today!