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Business For Sale
EST. 26 YR OLD COMMERCIAL / RESIDENTIAL CLEANING
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Asking Price: |
$395,000
USD USA Dollars
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Business for Sale Industry: |
Services: Cleaning
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Reason for Selling:
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Going into a partnership with another company. |
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Year Established:
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1982 |
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# of Employees:
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22 |
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Yearly Revenues:
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$672,000 |
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Yearly Cash Flow:
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$140,000 |
Business for Sale Overview:
One of the oldest and largest independent commercial and residential cleaning services in Austin. They have been in business for 26 years, a great reputation, lot’s of repeat customers with over 350 active accounts , 40 of which are commercial. They have 22 full and part time employees some with over 10 years tenure. They have an office / warehouse (leased)and 7 fully equipped service trucks they own. The owner gets off work by 3 pm, he does not clean. They have a part time supervisor who works the office the other days. It is possible after training some personnel to almost run absentee. There is HUGE upside in this business. Go after offices and commercial accounts to clean at night. The present owner does no night accounts. Increase business by adding more trucks to increase capacity. Add sales persons to go after big apartment accounts and commercial accounts. Add services, add carpet cleaning (at present they do no carpet cleaning. A BIG opportunity to expand with the 350 clients ALREADY THERE!) Also you can get into construction clean up. There are many services that could be added. There is also no web site for this business add a website and pick up extra business over the web. The owner will train and is willing to finance some. This is a great opportunity to take an established 26 year old company with a great reputation, cash flow, and 350 accounts to the next level!
Property Features and Assets:
They have an office / warehouse with 3 offices, a break room, and a warehouse.
Market Competition and Expansion:
Go after offices and commercial accounts to clean at night. The present owner does no night accounts. Increase business by adding more trucks to increase capacity. Add sales persons to go after big apartment accounts and commercial accounts. Add services, add carpet cleaning (at present they do no carpet cleaning. A BIG opportunity to expand with the 350 clients ALREADY THERE!) Also you can get into construction clean up. There are many services that could be added. There is also no web site for this business add a website and pick up extra business over the web.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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