Fast-Growing Remediation/Cleaning Business $181SDE

Cincinnati, OH
Hamilton County

Cincinnati and surrounding areas

Asking Price: Annual Revenue:
$625,000 $486,000

Services: Cleaning

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RE: Fast-Growing Remediation/Cleaning Business $181SDE Broker: Matthew Mistica
Owner Financing is Available!
The owner will consider some financing for a well-qualified buyer.

Quick Facts

Asking Price: $625,000
Annual Revenue: $486,000
Net Profit: Not Disclosed
Cash Flow: $181,175
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 2
BBN Listing #: 67946576
Broker Reference #: Not Disclosed

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Business Overview:

This fast-growing business caters to a niche remediation and cleaning segment for Cincinnati and neighboring cities. While the current owner does not do any of the manual labor, he has built a solid infrastructure for a new owner to step in and grow the business even further, by simply following solid business practices. Sales have grown by an average of 61% over the last few years. This company has an excellent reputation. Sales were just under $500,000 in 2019 with approx. $180k in seller’s discretionary earnings. Net margins are a very attractive 30%-35%.

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Market Competition and Expansion:

While there are at least a few businesses around the area that do this kind of work, this business is in a niche segment, with an established track record and loyal customer base. The current owner believes revenues could significantly increase in the next several years, simply by following the current strategic plan and marketing initiatives. The current owner has a solid support staff, consisting a lead tech/manager plus subcontractors.

Reason for Selling:

Seller moving out of state

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 a franchise resale opportunity.

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