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Independent Commercial Cleaning Co for Sale in Cincinnati

Reference #: 41420182
Location: Cincinnati
Price: $170,000
Amount Down: $170,000
Revenues: $235,000
Discretionary Earnings: $65,000
Total Assets: $50,000
Business Description: This independent 12 year old non-franchised company does it all including area rug and carpet cleaning, commercial janitorial cleaning, drapery cleaning, pressure washing, scotchguarding, stain removal, stripping & waxing of floors, upholstery cleaning, and water extraction.  The asking price of $170,000 includes equipment with a current value of $50,000.  2010 cash flow for the seller was $65,000.  The equipment includes 2 vans fully equipped with all the necessary equipment to perform the services listed above.  The current mix of business is 75% commercial and 25% residential most of which are long term repeat customers.  More than 50 commercial accounts exist that the seller would be happy to transition over to a qualified buyer.  This business is well known in the area and surrounding communities doing the local firehouses, schools, and businesses.  The seller would consider working for the buyer if it would work to the buyer's advantage.  Current manager / supervisor has been employed for 5 years.  Excellent books and records are available to prove all claims.  Seller will provide training and sign a non-compete.  Property is available for $190,000 from the seller if desired by the buyer.

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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.