Commercial Cleaning Service - 32124

Not Disclosed, CT
Hartford County


Asking Price: Annual Revenue:
$499,000 $1,000,000

Services: Cleaning


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RE: Commercial Cleaning Service - 32124 Broker: Vested
Owner Financing is Available!
399,999.00 Down & $100K over 24 months @ 6%

Quick Facts

Asking Price: $499,000
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 $900K in total revenue. Cash flow is expected to exceed $240K. 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 $399,999 in liquid funds to cover the down payment.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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Reason for Selling:

Moving

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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