Recurring Revenue -Commercial Cleaning Service-Well Known Brand

Ventura County, CA

Seller Financing Available
Commercial Cleaning Business for Sale
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Asking Price: $675,000

Cash Flow: $311,947

Gross Revenue: $2,030,208

EBITDA: N/A

FF&E: $42,360

Inventory: $4,000

Rent: $1,911 per Month

Established: 1984

Recurring Revenue -Commercial Cleaning Service-Well Known Brand

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Business Description

Revenue and earnings continue to grow in 2021. Recurring, stable revenue; TTM revenue thru May '21 $2M and SDE $312K, highest level in the 50+ year history of the business. The business is very well respected in the area servicing stable commercial clients. Services include daily janitorial including floor maintenance. Typical customers include office parks, medical labs, and municipalities. The business operates with management and supervisors outside of the owners Buyer does not need a specific license to operate the business. Growth Potential: current owners have not marketed the business for years SBA pre-qualified for loan

Detailed Information

Location:
Ventura County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
23
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2500 sq. ft office/warehouse mix building space
Growth & Expansion:
Adding a sales and marketing plan would increase the bidding opportunity. Expansion to additional services would also expand opportunities.
Financing:
Seller will consider financing a portion of the purchase price for a qualified buyer.
Support & Training:
Seller will negotiate a meaningful transition as part of the purchase price
Reason for Selling:
Owner looking to retire
Franchise:
This business is an established franchise
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Greg Martin

Business Listed By:
Greg Martin

KeyStone Business Advisors


Sponsoring Broker:
Dave Richards

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