Semi-Absentee Janitorial Company with Strong Recurring Revenue

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Listing No.: 106-14690
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Category: Service
Asking Price | $2,299,000 |
Down Payment | $700,000 |
Gross Revenue | $1,757,483 |
Total Adjusted Net Income | $717,210.00 |
Equipment/Fixtures | $500,000 |
Year Established | 1990 |
General Location | Western Texas |
Growing Janitorial Company with an established customer base. 67 active monthly accounts. This is a very stable, high margin business and seller lives out of state and has experienced staff in place including an office manager and 2 account supervisors responsible for quality control. Clients are very diversified and include large corporate offices, banks, hospitals, government agencies and churches. Call Sean Seaman at (858) 472-3297 for more information and to view the detailed offering package.
Gross Revenue | $1,757,483 | Listed Price | $2,299,000 |
Total Income | $717,210.00 | Down Payment | $700,000 |
Base Rent | $1,500 | Square Feet | 2,767 ft2 |
Total Rent | $1,500 | Lease Description | |
Rent Deposit | $ | Lease Options |
Inventory | $95,000 | Leashold Improvements | $ |
Equipment/Fixtures | $500,000 | Other Assets | 3 Vans, a Trailer w/ Heated Pressure Washer |
Full-Time Employees | 10 | Training Period | 30 days |
Part-Time Employees | 64 | Special License Required | |
Contract Staff | Reason for Selling |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.