Listing ID: 76543
A commercial and residential window cleaning service provider is for sale in metro Denver. The business services mostly commercial clients throughout Colorado and Wyoming, including name-brand national clients. This business is home based and can be located nearly anywhere in Colorado. The company has six employees including the owner who is the general manager and participates full-time in the business. This is a great owner/operator opportunity, or extension of services for an existing cleaning contractor. Many growth opportunities exist to expand the business. Call for details.
Asking Price: $279,000
Training & Transition: 30 days included in sales price
Reason for Sale: Other business interests
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- Asking Price: $279,000
- Cash Flow: $108,643
- Gross Revenue: $174,322
- EBITDA: N/A
- FF&E: $35,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2016
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
Home-based. (Home Based)
Yes, 4 weeks.
This Business Is Home Based
The company was established in 2016, making the business 6 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people choose to sell companies. Nevertheless, the true reason vs the one they say to you may be 2 completely different things. For instance, they might say "I have way too many various obligations" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these may simply be justifications to attempt to conceal the reality of changing demographics, increased competition, current reduction in revenues, or a variety of other factors. This is why it is very crucial that you not rely absolutely on a vendor's word, however instead, utilize the seller's answer along with your total due diligence. This will repaint a more realistic image of the business's current scenario.
Existing Debts and Future Obligations
If the current business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Lots of businesses borrow money with the purpose of covering items such as inventory, payroll, accounts payable, and so on. Bear in mind that in some cases this can imply that revenue margins are too tight. Numerous companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that have to be fulfilled or may lead to fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area bring in new customers? Many times, businesses have repeat customers, which develop the core of their everyday revenues. Specific variables such as new competitors sprouting up around the location, road building, as well as personnel turn over can affect repeat consumers as well as adversely affect future earnings. One vital point to consider is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business often, the better the opportunity to build a returning consumer base. A final thought is the general location demographics. Is the business placed in a largely populated city, or is it situated on the outside border of town? Exactly how might the local typical home earnings influence future income prospects?