Business Overview:

California Based Absentee Owner Commercial Cleaning Company - SC2142

Financial Information
Asking Price: $675,000
Cash Flow: $135,000
Gross Revenue: $400,000
Down Payment: $675,000

This California based Commercial Cleaning Company is a California Sole Proprietorship and was formed 12 years ago and has been under the same ownership since inception. They have a great recurring revenue model that has high retention rate. They provide a full range of services for small businesses, commercial, and corporate clients. Just a sample of some of the services offered include janitorial services (largest recurring revenue source) window cleaning, floor care services (cleaning, sealing, stripping, buffing, scraping), tile and grout cleaning, concrete etching, carpet and water extraction, disinfecting and sterilization services, etc. This business has many recurring revenue clients, but they can do one-time, daily, weekly, or monthly cleans. Some industries they target include professional office spaces and buildings, tech buildings, hospitals and medical facilities, wineries, tasting rooms, grocery stores, beauty salons, health clubs, automobile dealerships, post construction clean up, churches, etc.

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Property Features and Assets:

Business Location
City: Northern California
State: California

Detailed information
Year Established: 2011
Home Based: Yes
Franchise: No
Relocatable: Yes
Lender Prequalified: No
SBA Prequalified: No
Part-Time Employees: N/A
Contractors: 10
Owner Worked Hours/week: 2
Adjusted EBITDA: On request
Inventory Included: Yes
Inventory Value: $10,000
Monthly Rent: N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
FF&E Included?: No

Real Estate Description
Home Based Business.

Market Competition and Expansion:

This business currently advertises mainly through word of mouth and referrals, along with Google SEO. Growth can be obtained by stronger marketing and social media presence. Additional revenue outside of gaining more clients could be by offering more services as well, dependent on what the clients are looking for and demanding. They could also expand geographically into other areas.

Training/Support
The Seller is willing to provide training for 30 days for a fee of $12,000 that will be above and beyond the agreed upon purchase price. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.

Reason for Selling:

The reason for selling is Seller would like to pursue other interests.

Additional Details:

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