17-year-old established Cleaning Service business

Austin, TX
Travis County

Central Austin


Asking Price: Annual Revenue:
$1,875,000 $1,708,462

Services: Cleaning


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RE: 17-year-old established Cleaning Service business Broker: Sunil Z. Verma
License #: 616099
Owner Financing is Available!
SBA approved

Quick Facts

Asking Price: $1,875,000
Annual Revenue: $1,708,462
Net Profit: $592,000
Cash Flow: $489,561
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 40
BBN Listing #: 573844926
Broker Reference #: 22255

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Business Overview:

Janitorial Cleaning Service with a great history and reputation. Yours for 20% down (SBA approved)

Approximately 25% of the clients are commercial (offices) and 75% are residential. Most of the clients are repeat and word of mouth.

Established for 17 years the business is still growing. It has one employee/manager and about 40 contracted workers who work on a percentage of the sales.

The owner is almost absentee and looking forward to retire and focus on other passive investments.

There is minimum office supplies or inventory. Business is run out of an office and the lease is lower than the market rate. The new owner can take over the lease or run the business out of their home.

Adjusted net profits to the owner have been increasing 25% year over year and 2022 has started strong and anticipated to keep the trend.

This is a perfect business for a first-time business owner who has little experience. Why wait 17 years to get to the point of building a business to this size when you can start by earning $500,000 plus with part time involvement?

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Property Features and Assets:

Office equipment and software. No inventory is carried.

Market Competition and Expansion:

Steady growth and room to expand

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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