Commercial Cleaning Service - 80% Contracts - 321

Not Disclosed, CT
Hartford County

Asking Price: Annual Revenue:
$599,000 $1,000,000

Services: Cleaning

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RE: Commercial Cleaning Service - 80% Contracts - 321 Broker: Vested Business Brokers, Ltd
Owner Financing is Available!
$399,000.00 Down & $200,000 over 3 years @ 6%.

Quick Facts

Asking Price: $599,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $240,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 24
BBN Listing #: 50344447
Broker Reference #: 32124

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Business Overview:

Commercial Cleaning Service - 80% State and Municipal Contracts. NOT A FRANCHISE. This business has seen sharp growth over the past 3 years. They have focused on capturing recurring state and municipal contracts, primarily in Hartford County. Most contracts are locked in until 2022. They are typically 3 year contracts with 2 year options. Contract work alone for 2019 should be a locked in for a minimum of $900,000 in total revenue. Cash flow is expected to be approximately $240,000. There are currently 24 (W-2) employees on staff with management in place. We are seeking a serious and financially qualified buyer with at least $399,000 in liquid funds to cover the downpayment To learn more, please contact Mel Vaz today or email us. THIS IS NOT A WALK-IN OFFICE. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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Reason for Selling:


Additional Details:

  • The property is owned.
  • The owner is not 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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