Business Overview

This commercial cleaning business boast steady, repeat income with various revenue streams.

Reasons to Buy:
• Strong Customer Base
• Repeat Business
• Easy to Run
• Consistent Cash Flow
• In Business for 10 Years
• Great Reputation for High Quality Work and Customer Service
• Low Overhead, Strong Cash Flow

Services Offered:

• Commercial Janitorial Services
• Office Cleaning
• Commercial Window Cleaning
• Residential Window Cleaning
• Solar Panel Cleaning
• Gutter Cleaning
• Power Washing
• Janitorial Services
• Construction Cleanup

Financial

  • Asking Price: $199,000
  • Cash Flow: $108,116
  • Gross Revenue: $155,566
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
About The Facility:

Home Based

Home Based:

This Business Is Home Based

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell businesses. However, the genuine reason and the one they say to you may be 2 totally different things. For instance, they may say "I have too many various obligations" or "I am retiring". For lots of sellers, these factors stand. However, for some, these might simply be excuses to try to hide the reality of altering demographics, increased competition, current reduction in earnings, or an array of various other factors. This is why it is very crucial that you not depend entirely on a vendor's word, yet rather, use the vendor's answer together with your total due diligence. This will repaint a much more realistic image of the business's current scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous companies borrow money so as to cover things such as stock, payroll, accounts payable, etc. Bear in mind that in some cases this can indicate that revenue margins are too thin. Many companies fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that have to be fulfilled or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location bring in new customers? Most times, companies have repeat consumers, which develop the core of their everyday profits. Certain elements such as brand-new competitors sprouting up around the location, road building, and staff turn over can influence repeat consumers and also adversely impact future profits. One vital thing to consider is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Clearly, the more people that see the business regularly, the higher the possibility to develop a returning client base. A final thought is the basic area demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? How might the neighborhood typical home income effect future revenue potential?