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Business for Sale Summary

Commercial Cleaning Service - 80% Contracts - 32124

Business Type: misc. servicel/non-classifiable,other business services,seller financing available,cleaning services
Commercial Cleaning Service  - 80% Contracts
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This business has received 136 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $499,999 Down Payment $399,999
Gross Revenues $896,188 Lease Remaining Register Free to View
Owner’s Cash Flow $218,571 Number of FT Employees Register Free to View

Financing

$399,999 Down and $100K over 24 months @ 6%

Business Description

Commercial Cleaning Service - 80% State and Municipal Contracts. Not a franchise. This business has seen sharp growth over the past 3 years. They have focused on capturing recurring state and municipal contracts, primarily in Hartford County. Most contracts are locked in until 2022. They are typically 3 year contracts with 2 year options. Contract work alone for 2020 should be a locked in for a minimum of $900K in total revenue. Cash flow is expected to exceed $240K this year. There are currently 24 (W-2) employees on staff with management in place. We are seeking a serious and financially qualified buyer with at least $399,999 in liquid funds to cover the down payment. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.