S

Details - Information last confirmed on February 6, 2021

SBA Pre-approved Financing!

This is a well-established, profitable home based commercial cleaning business. This Janitorial business was established in 1995 by seller. The business grew and was incorporated in 2003. It has been successfully run by the same owner for the past 26 years. This business serves South Jersey and is well-positioned for strong growth in the commercial cleaning industry as well as potential expansion into residential cleaning and disinfecting services not presently offered. Given the far reach the company has as a home based/mobile business as well as a steady increase in demand for both residential and commercial cleaning services, this already profitable company can benefit greatly from new growth strategies and marketing to grow sales to a much higher level if desired. There is excellent opportunity for growth in this industry not only with commercial, industrial, and residential cleaning services but especially for disinfecting services related to Covid-19. The business has many established commercial accounts with repeat service on a daily, bi-weekly, weekly, or monthly basis. All service work is handled by some full time but mostly part time employees. Owner handles business management, scheduling and bidding and after a successful run, is looking to retire.

Finance
-SBA 7(a) up to 80% financing Pre-Approved
-Up to 10 Year Term
-For qualified buyers, subject to bank review

• Asking Price: $398,000
• Annual Cash Flow: $146,000
• Gross Revenue: $453,455.79
• Inventory at Cost: $1,000
• Employees: 4 FT 20 PT
• Payroll: $15,670
• FFE: $35,000
• Established: 1995
• Reason for Selling: Owner looking to retire. Will assist with transition as necessary.

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.