Business Overview:
This is a long-established Commercial cleaning company based in Northern AZ. The Company has clients in N AZ only. Sale is due to the lack of time to run two companies that Seller owns. SBA loan can be assumed (with 10% cash down) upon the lender’s approval of a new owner. Seller is almost absentee, lives in the Phoenix area, and can meet at WCI. 2021 annualizes at 1.488M and 502K OCF. Payroll/billing person can stay or be replaced (works 3 hrs. wk and is paid 52K). ERTC Tax credits (applied Oct 2021 – expect by Feb 2022) shall not transfer to Buyer. PP loan is forgiven. SBA Loan is assumable – Buyer must qualify and put 10% cash down on the entire project.
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Property Features and Assets:
Seller owns the Real Estate. 1/3 Acre lot w/building. Included in sale price.
Reason for Selling:
Focus on Phoenix Business.
Additional Details:
- The property is owned.
- 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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