Industrial Floor Cleaning Equipment Company

Not Disclosed, VA

Central Virginia

Asking Price: Annual Revenue:
$749,000 $1,750,000

Services: Cleaning

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RE: Industrial Floor Cleaning Equipment Company Broker: Gavin Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $749,000
Annual Revenue: $1,750,000
Net Profit: $220,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 294348609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer for sale an industrial & commercial floor cleaning equipment company located in Central Virginia. The company employs a dedicated, experienced workforce. The Company has achieved sales growth of 20% per year during the last two years and has done little in the way of advertising or marketing the business which presents an opportunity to a buyer.

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Property Features and Assets:

The location is leased.

Market Competition and Expansion:

The global floor cleaning equipment market size is anticipated to reach $9.56 billion by 2025 registering an annual growth rate of 8.5%, according to a new report by Grand View Research, Inc. Rising usage of different flooring materials, such as wood and ceramic, is expected to boost the demand for effective floor cleaning machines, thereby propelling the market growth. In addition, increasing awareness about airborne diseases caused due to dust and dirt is contributing to the product demand. Rapidly expanding hospitality sector and construction market are also fueling the demand for different types of floor cleaners, such as scrubbers, polishers, vacuum cleaners, and sweepers.

Reason for Selling:

Owner wishes to retire.

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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