Owner Financing is Available!
Business Overview:
This is a full service janitorial and maintenance company located near LAX, offering a wide range of services to their customers. Some of their services include General maintenance, office cleaning, carpet care, window washing, restroom sanitation etc. Some of the large facilities that they serve or have served in the past are Stadiums and race tracks, Hospitals, Office Buildings, Government Buildings, Hotels, Schools, Shopping Centers, and large Apartment Buildings.
This is a very well run company with good books. They are a union shop thus has the advantage of bidding on large facilities that are unionized. Sellers are willing to stay on for 1 to 3 years to run and grow the business at buyer’s option. Last 3 years revenue has been consistent. 2010 revenues were up by 5% over 2009. 2011 revenues were flat at about $2.5 million. In January of 2012 they have landed a large Stadium account worth $2.1 million annually. They have signed an 8 year contract with this stadium. This means the annual sales for 2012 would be $4.6 million even if they don’t land any more new business. They do have several other Stadiums and Race Track accounts in the pipeline. Sellers are willing to carry a note for the right buyer. This could be an absentee owner run business. Proof of funds is required in order to get full information on this business.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
2,000 square feet @ $3,000 month
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: