Listing ID: 76584
This Commercial Cleaning Business offers janitorial services to offices and other commercial buildings.
This business would be a great fit for a new owner who does not want to take on the role of salesperson because it is affiliated with a national franchise organization that handles sales and new contract acquisitions. The franchisor also performs much of the “back office” processing, freeing up the territory owner to concentrate on operations.
The business works under multi-year contracts with its clients, so revenue is predictable. But a new owner would have the ability to acquire additional work through the franchisor.
The owners need to relocate to a lower altitude for health reasons. Their loss is your opportunity.
Seller Financing Available for a Well-Qualified Buyer.
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
- Asking Price: $160,000
- Cash Flow: $153,461
- Gross Revenue: $273,480
- EBITDA: N/A
- FF&E: N/A
- Inventory: $3,000
- Inventory Included: N/A
- Established: N/A
Home-based. (Home Based)
Yes, 6 weeks.
This Business Is Home Based
This Business Is An Established Franchise
The transaction won't include inventory valued at $3,000*, which ins't included in the listing price.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals choose to sell companies. Nevertheless, the true factor and the one they say to you might be 2 totally different things. As an example, they may state "I have a lot of other commitments" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these may simply be justifications to attempt to hide the reality of transforming demographics, increased competition, current decrease in profits, or an array of other reasons. This is why it is very crucial that you not depend totally on a vendor's word, yet instead, make use of the seller's response together with your overall due diligence. This will repaint a more sensible picture of the business's present circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Lots of operating businesses borrow money with the purpose of covering items like inventory, payroll, accounts payable, and so on. Remember that sometimes this can mean that profit margins are too thin. Numerous organisations fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments to think about. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that should be fulfilled or might cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area attract new customers? Most times, businesses have repeat customers, which form the core of their day-to-day revenues. Certain variables such as brand-new competition growing up around the location, roadway building and construction, and personnel turnover can impact repeat clients and adversely influence future profits. One crucial point to consider is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Clearly, the more people that see the business on a regular basis, the greater the possibility to build a returning consumer base. A final idea is the general area demographics. Is the business placed in a largely populated city, or is it situated on the edge of town? Exactly how might the regional average household earnings impact future income prospects?