Commercial Janitorial – Recurring Sales $1.3M

Not Disclosed, CA
San Benito County

Central California


Asking Price: Annual Revenue:
$850,000 $1,300,000

Services: Cleaning


Request More Information
Contact the Seller

RE: Commercial Janitorial – Recurring Sales $1.3M Broker: John Mittelstet
License #: 02058745/01138134
Owner Financing is Available!
Seller will consider seller finance for a qualified buyer with good credit and a significant down payment.

Quick Facts

Asking Price: $850,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1981
Employees: 21
BBN Listing #: 84935994
Broker Reference #: SV1151

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Forty years of satisfying commercial office customers makes this a rock-solid opportunity for the right buyer. This small company serves customers in Central California. Owner started by cleaning commercial offices. The company has been consistently profitable every year. Parking lot maintenance and power washing was added about ten years later, and the addition of landscape maintenance with exterior window washing and carpet cleaning have made the company a one-stop shop for many of its customers. And these added services provide for additional organic growth opportunities from the existing customer base. Annual sales are now over $1,300,000 with the owner’s Sellers Discretionary Earnings (“SDE”) above $300,000.

Most important, recurring revenue is a hallmark of this industry when you keep the customer satisfied. Only two of the currently active 105+ customers exceeds 10% of revenue, and those have both signed multiple year contracts (one is currently only two years into a five-year agreement) with the company.

The company provides a service that cannot be off-shored to China, or anywhere else. Amazon can’t steal your customers. It is a service that, when properly delivered, cements the relationship for the long haul. And it’s recession proof. Companies still need to have their offices cleaned.

The business is prequalified for an SBA loan for the right buyer. The Seller is asking $850,000 which includes $120,000 of accounts receivable for your working capital requirement. If you are good with people, have successful first line management experience or have prior experience running a service business, and have a 20% down payment, you are among the right buyers.

The above referenced numbers and figures are per the Seller and are approximate. Broker has not verified. The Buyer is to complete their own review of books and records during due diligence.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information have been submitted. For more information and a Confidentiality agreement, please contact broker, and refer to business number 1151 to learn more about this opportunity. Please use email reply button of this ad to contact us.




To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Non-retail warehouse and office Four-Suite Garage Style Warehouse; 3-rollup doors

Market Competition and Expansion:

Add new clients; telemarket former customers.

Reason for Selling:

Retiring

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!