B2B - Commercial Janitorial Firm - 27 yrs - Retirement - LA County

Los Angeles County, CA (Relocatable)

Commercial Cleaning Service
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Asking Price: $475,000

Cash Flow: $241,397

Gross Revenue: $1,196,862

EBITDA: N/A

FF&E: $111,500

Inventory: $10,000

Rent: $2,435 per Month

Established: 1994

B2B - Commercial Janitorial Firm - 27 yrs - Retirement - LA County

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Business Description

Recurring Revenue, All B2B Commercial Clients, Retirement Sale, Relocatable!

Highlights of this commercial cleaning business are:
- 27 year history with a great reputation!
- High recurring revenue from many long term customers!
- Diversified customer base includes medical offices, churches, schools, and various businesses and non-profits!
- Company offers a full array of cleaning services including sanitization!
- Assets includes 3 vehicles and all necessary cleaning equipment!
- Well trained team of 26 full-time and part-time employees (W2, non-union) includes an experienced Supervisor and Office Staff!
- Owner only works about 20 hours a week in the business!
- Company founder wishes to retire after many successful years and leave the business in good hands!
-Convenient access to 405 & 110 fwy!
- Relocatable!

This is a great opportunity for another janitorial company seeking to expand, for someone in a related industry that wants to diversify into this high-recurring revenue niche, or for an individual entrepreneur looking for a start!

Note: Advertised Revenue and Seller Discretionary Earnings (SDE) figures are based on the Seller's 2021 forecast. The forecast assumes ZERO new business, and assumes that existing customers ramp up service to pre-covid levels starting in June 2021.

In 2019, the company did $2,675,081 in gross revenue, with $530,644 in SDE.
In 2020, the company did $919,377 in gross revenue, with $58,715 in SDE.

Act quickly, since this won't last!

Submit an inquiry with the "Contact Seller" button to receive a link to an NDA for more information.

Detailed Information

Location:
Los Angeles County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,305
Lease Expiration:
N/A
Employees:
26
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,305 sq ft location in an industrial complex with convenient access to the 405 and 110 fwy. Buyer can take over the lease, or they may also relocate the business if they choose.
Growth & Expansion:
Many opportunities for growth are available. Seller is currently not doing any proactive marketing. Seller purchased a new vapor cleaning machine which could be used for several niche jobs, but has barely marketed it. A Buyer with good Sales and Marketing background can take the business to new heights!
Support & Training:
Seller will help ensure a smooth transition to the Buyer.
Reason for Selling:
Retirement
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Vinil Ramchandran

Business Listed By:
Vinil Ramchandran

Dream Business Brokers

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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Ad#:1827065

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