Longtime, Multi-stream, Full Staff Cleaning Business

Listing Details:

• Business Category:  Janitorial Cleaning Commercial
• Price:                              $525,000
• Gross Revenue:            $1,002,244
• SDE:                               $154,154
• Location:                       Central Iowa Region             
• Employees:                    22   
• FF&E:                             $57,000
• Support & Training:      2 weeks at 0 cost, Longer with pay
• Reason for Selling:       Relocating
• Non Compete:               50 miles for 5 years
                 

Business Description:

This company is well-positioned for growth, taking advantage of markets that have already been established such as commercial contracts. The recurring revenues and established contracts ensure cash flow from the start while building a base for future expansion.

New Contract As of April 2023:  In addition to the current business, a new substantial 4-year contract started April 2023. This will not be reflected in the historical financials, but since it makes a significant impact should be factored in when considering this business opportunity.

History:

22 Years, same owner yields name recognition and long standing positive reputation.

Competition:

Extraordinarily low employee turnover. Known for their reliability.

Number Employees:

• Manager  1
• Full Time  15
• Part Time  6

Facilities:

Business seller owns building and will consider lease-back at reasonable rate.