MergerPlace

Janitorial Company

Utah (Salt Lake)


  • Asking Price: $2,100,000
  • Gross Income: $2,760,480
  • Cash Flow: $973,444
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $255,560
  • Listing ID: #207028
  • Established: 2003
  • Employees: 6 FT/ 53 PT

Business Description

$3 MILLION REVENUE CLEANING COMPANY, $1 MILLION CASH-FLOW
This is a rapidly growing very profitable Commercial Janitorial Company on track to generate revenues over $3 million and estimated cash-flow of $1 million with the existing contracts!!!
The current owner believes that the new contracts that are scheduled to start in 2018 could increase revenues to over $3.2 million annually. Those familiar with the Janitorial industry know that it takes many years of good reputation and substantial investment and sales efforts to build a company like this one.
The company is wholly owned, and this is an asset purchase that includes all the assets of the Company. The asking price is $2,100,000.00, which is a multiple of only 2x the expected annual cash-flow. The business is priced to sell fast.
The Company is very professional and well established with 15 YEARS of proven history that has been providing cleaning services to commercial clients in Utah and Colorado. It is currently up for sale to qualified buyers exclusively through Murphy Business. The company has a loyal customer base, highly-regarded reputation, and strong gross margins.
The current owner has done an excellent job of organizing a dedicated management team that can run the business in his absence. Due to his confidence in the team, the owner takes multiple family vacations per year.
This company provides an ideal opportunity for a buyer to enjoy strong reliable monthly cash-flow from a solid, steady business. A good management team and well-maintained equipment make this an excellent acquisition.
It is licensed and fully complies with state and federal government regulations to provide the best and safest services.


Business Details

Primary Business Category: Services - Other Services
Location: Utah
County: Salt Lake

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 6 FT/ 53 PT

Financial Information

Asking Price: $2,100,000
Gross Revenue: $2,760,480
Cash Flow: $973,444
FF&E: $255,560
Seller Financing Available: Yes

Property Information

Facilities:

Headquarters provides adequate room for parking of vehicles and warehousing to maintain inventory control of supplies and equipment. Freeway access is quick and easy from the headquarters location. Real Estate: Leased Building SF: 1,947 sq. ft.

Growth & expansion opportunities:

The subject business has grown substantially over the last several years and could continue to grow fast still. There are a number of new accounts ready to start this year.

Competition:

There is competition, but this business has developed a great reputation for quality building maintenance and has carved out a niche which limits the number of competitors who have the experience, manpower and financial strength. Thus, the presence of competitors in the market does not provide an obstacle to growth and profitability.

Reason for selling:

Pursue Other Interests.

Support & Training:

Will train for 4 weeks @ no cost. This opportunity is ideal for someone with the ability to deal with people, coupled with a customer service oriented personality and some sales skills.

Contact Business Seller

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Business Listed By:

Marcello Leandro

Murphy Business Brokers