Commercial Cleaning Company with 43% Profit Margi

Not Disclosed, IN
Warrick County


Asking Price: Annual Revenue:
$1,130,000 $874,298

Services: Cleaning


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RE: Commercial Cleaning Company with 43% Profit Margi Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $1,130,000 15% Buyer Down Payment $169,500 15% Seller Financing or Equity $169,500 70% Bank Loan $791,000 A 15% down payment of $169,500 returns $163,975 in the first year after debt payments!

Quick Facts

Asking Price: $1,130,000
Annual Revenue: $874,298
Net Profit: Not Disclosed
Cash Flow: $326,633
Total Debt: Not Disclosed
FF&E: $41,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 30
BBN Listing #: 60334398
Broker Reference #: TRA033

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Business Overview:

This commercial cleaning company boasts a 43% profit margin and has an owner who works less than 10 hours per week! The business has low turnover with clients, which is not the norm for this industry. They have one client who has been with them for 15+ years, and the majority of the others have been there for several years. Because there is no physical location for this business, the overhead is extremely low. Currently, two storage units are being used to store the equipment, which employees are able to access as needed. The units run about $280/month and could be moved if needed as well.

With 25-30 employees at any given time, there is no shortage of hands available to take on jobs. There is a manager on staff, who has been with the company for 5 years. She handles the majority of the daily operations and would be able to take on the owner’s responsibilities with a bit of training as well. The current owner spends less than 10 hours/week, which largely consists of running payroll, tax work, and hiring when needed.

Everything needed to run the business is included in the asking price. Totaling about $41,000, the assets include a van, 3 carpet extractors, 1 automatic floor scrubber, 2 golf carts, 7 floor burnishers, along with general cleaning supplies and vacuums. These are all low-maintenance items, keeping the CapEx to a minimum each year. The company currently focuses strictly on general commercial cleaning, with some carpet cleaning, stripping, and floor waxing. Growth has not been the focus, as the seller is looking at retirement, but he feels that there is unlimited growth potential. Work has been turned away, and it would be an easy addition to get into smoke/fire/water restoration as a new service.

At a purchase price of $1,130,000, a 15% down payment of $169,500 returns $163,975 in the first year! This business is perfectly positioned for transitioning to a new owner to continue the legacy.

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Property Features and Assets:

Vehicles: $18,000 – 2018 Ford Transit. Equipment: $23,000 - 3 carpet extractors ($7,500), 1 automatic floor scrubber ($6,500), 2 golf carts ($5,500), 7 floor burnishers (for use on vinyl floors) worth about $500 each, plus general cleaning supplies & several vacuums. Intangible Assets: Well-established company after nearly 30 years, great reputation, loyal customers, fully trained staff, positive online reviews.

Market Competition and Expansion:

Unlimited growth potential! Add smoke/fire/water restoration, not an expensive addition.

Reason for Selling:

Retirement Planning.

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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