MergerPlace

Janitorial Services

Minnesota


  • Asking Price: $425,000
  • Gross Income: $674,782
  • Cash Flow: $197,162
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $20,954
  • Listing ID: #202598
  • Established: 2003
  • Employees: 2 FT

Business Description

This is a commercial general cleaning company. Most of the work is done in the evening after normal business hours. The owner has been phasing him self out of the operations and is close to an absentee owner. There is a manager that oversees operations. Most of the employees are run through a staffing organization in order to minimize employee costs. All equipment and supplies are left at the clients business so there are many SETS of cleaning equipment and supplies. Most of the clients are long term customers and the owner is willing to help as long as necessary to insure a smooth transition.


Business Details

Primary Business Category: Services - Waste Management & Remediation
Location: Minnesota

Company Information

Year Established: 2003
Home Based: Yes
Franchise: No
Relocatable: No
Number of Employees: 2 FT

Financial Information

Asking Price: $425,000
Gross Revenue: $674,782
Cash Flow: $197,162
FF&E: $20,954
Inventory: $2,000
Seller Financing Available: No

Property Information

Facilities:

There are no facilities with this opportunity.

Growth & expansion opportunities:

There will always be a demand for these services so a good marketing plan will ensure growth.

Competition:

This is a high demand service and very competitive. The company was able to grow at double digit growth even through the 2007 recession period.

Reason for selling:

Health concerns.

Support & Training:

Will train for 2 weeks @ no cost. The company does general janitorial work. There are no special skills required and there will be a short training period included in the transaction. Most all the 35-40 employees are contracted through a staffing agency and they all need to pass background checks including the owner.

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Business Listed By:

David LaVoi

Murphy Business Brokers