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Business for Sale

Commercial Office Cleaning Company - Home Based
Middlesex County, CT

Listing #31523

 
Financial Information (non-confidential)
Asking Price $199,000.00 Gross Revenues $485,000.00
Down Payment $199,000.00 Owner’s Cash Flow $105,000.00

Financing: $199,000.00 Down and None.

Reason for Selling:Partnership split.

Commercial Office Cleaning Company - Home Based. Great upside with low overhead. This business was established in 2010. The owners have decided to sell due to an amicable partnership split. They currently service over 70 clients (with some under contract) primarily in Middlesex County. THIS IS NOT A FRANCHISE so you can expand that territory. Clients are primarily private schools and professional offices. That makes up 98% of the business. There are less than 5 residential accounts. There are 24 cleaning employees (all W-2). All employees have regular accounts that they service. They know when and where they need to be. They use their own vehicles and cleaning supplies are stored at the clients offices. THE BUSINESS IS FULLY BONDED AND INSURED. The current owner spends his days providing quotes, general management and customer care from the comfort of a home office. They do minimal advertising for new accounts as the owner is involved with some other projects. In the past year the business grossed approx. $485,000.00 with a net income of approx. $105,000.00. THESE ARE VERIFIABLE FIGURES. The owner will stay on for a training and transition period. There is tremendous upside in bidding on municipal jobs, expanding marketing and bringing some services in-house. For example, this company offers stripping, waxing and carpet cleaning, but those jobs are subcontracted out for relatively low margins. You can bring those services in-house and fatten your bottom line. We are seeking a serious and qualified buyer with at least $199K in liquid funds. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. AS THIS IS A HOME BASED BUSINESS, ALL MEETINGS MUST BE MADE 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.
Melvin L. Vaz
Senior Business Broker
631-909-1095
melvaz@vestedbb.com
Servicing Area:
All of NY
All of NJ
All of CT
All of MA
Melvin L. Vaz

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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