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California Based Absentee Owner Commercial Cleaning Company - SC2142
Asking price $425,000
Cash Flow: $135,000
Gross Revenue: $400,000
EBIT DA: No Data
FF&E: No Data
Inventory: No Data
Established: 2011
Type: Independent
Business listed by:
Brett Sargent
Sunbelt Business Brokerage of Sacramento
(408) 981-7799
Business Description:
SBA APPROVED California Based Absentee Owner Commercial Cleaning Company - Price Reduced! - SC2142
Asking Price: $425,000
Cash Flow: $135,000
Gross Revenue: $400,000
Down Payment: $425,000
Financing: No
FFE (Included): N/A
Inventory: N/A
Business Location
California
Business Description
This California based Commercial Cleaning Company is a California Sole Proprietorship and was formed 12 years ago and has been under the same ownership since inception. They have a great recurring revenue model that has high retention rate. They provide a full range of services for small businesses, commercial, and corporate clients. Just a sample of some of the services offered include janitorial services (largest recurring revenue source) window cleaning, floor care services (cleaning, sealing, stripping, buffing, scraping), tile and grout cleaning, concrete etching, carpet and water extraction, disinfecting and sterilization services, etc. This business has many recurring revenue clients, but they can do one-time, daily, weekly, or monthly cleans. Some industries they target include professional office spaces and buildings, tech buildings, hospitals and medical facilities, wineries, tasting rooms, grocery stores, beauty salons, health clubs, automobile dealerships, post construction clean up, churches, etc.
Market Outlook/Competition
This business currently advertises mainly through word of mouth and referrals, along with Google SEO. Growth can be obtained by stronger marketing and social media presence. Additional revenue outside of gaining more clients could be by offering more services as well, dependent on what the clients are looking for and demanding. They could also expand geographically into other areas.
Seller Financing Description
Seller Financing Is Not Available At This Time.
Support & Training
The Seller is willing to provide training for 30 days for a fee of $12,000 that will be above and beyond the agreed upon purchase price. This is for transitioning, training, etc. Buyer agrees to pay the taxes on the sale of the business, which would be around $130,000 or 30%.
Reason for Selling
The reason for selling is the Seller would like to pursue other interests.
Detailed information
Year Established: 2011
Home-Based: Yes
Franchise: No
Relocatable: Yes
Required Licenses:
Is Property Leased: No
Real Estate Included: No
Real Estate Available: No
Real Estate Value: N/A
Full-time employees: N/A
Independent Contractors: 10
Building Size: N/A
Monthly Rent: N/A
Facilities Description: This is a home based business.
CA 02100708
NV 1003039
Selling Reason:
The reason for selling is the Seller would like to pursue other interests.
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