Business For Sale

Commercial and Residential Cleaning Services

Not Disclosed, NH
Hillsborough County

Greater Nashua, NH


Asking Price: Annual Revenue:
$220,000 $435,421

Services: Cleaning


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RE: Commercial and Residential Cleaning Services Broker: John Coto
Owner Financing is Available!
Seller will provide 2 weeks of training included in the sale immediately after closing, though additional time is negotiable.

Quick Facts

Asking Price: $220,000
Annual Revenue: $435,421
Net Profit: Not Disclosed
Cash Flow: $101,046
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1978
Employees: 13
BBN Listing #: 881119624
Broker Reference #: ABB423

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Business Overview:

This is a very well established, award-winning, turn-key residential and commercial cleaning business offering quality cleaning services which has resulted in a steady, loyal customer base. In fact in 2018 the business once again has won “Best Cleaning Company” in the area. It was established in 1978 and the current owner acquired the business in 2002. The business has a current customer base of 140 accounts so sales revenues come from a diverse customer base which minimizes account risk. Most of the customers are located in towns of the Greater Nashua, NH area. Approximately 60% of the business is from residential accounts and 40% is from commercial accounts. The business owns all the equipment necessary to perform all their services including vehicles, floor cleaning machines and miscellaneous equipment. All in good working condition. During the 3-year period of 2015 - 2017, annual sales have averaged about $435,421. The Seller’s Discretionary Earnings for the past 3 years has averaged about $101,046 per year. Staff is well trained and reliable allowing the owner to take time off. The business has excellent books and records making the due diligence process easy to verify. The business is located in an office condo that is owned by the business owner who is flexible on the length of a rental or lease. This opportunity is turn-key with growth prospects and is being offered because the owner is retiring. Seller will stay on for a smooth transition period after closing.For more information, please contact John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC by email or contact broker.

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Property Features and Assets:

The business leases approximately 1,000 square feet of space in an office park which includes office space and warehouse space. Conveniently located.

Market Competition and Expansion:

Well- known, excellent reputation, many loyal customers. Increasing staff as the business receives regular inquiries for their service which they do not pursue because they are operating near capacity and the owner is not interested in expanding.

Reason for Selling:

Retirement

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.

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