Absentee Janitorial Company with Recurring Revenue

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Listing No.: 106-15400
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Category: Janitorial
Asking Price | $1,850,000 |
Down Payment | $1,665,000 |
Gross Revenue | $1,623,744 |
Total Adjusted Net Income | $481,626 |
Equipment/Fixtures | $35,000 |
Year Established | |
General Location | California |
Absentee Commercial Cleaning Company with clients throughout California. Business boasts a scalable recurring revenue model with long term contracts in place. This is an amazing platform business with an established reputation and strong absentee cash flow. No industry experience required. Experienced management team already in place. Seller does not visit the office regularly and operates multiple other businesses. This is a unique opportunity to take over a business established well over two decades that checks all the boxes, and could expand quickly with a more sales oriented owner operator. Call Sean Seaman today for more details and to request an NDA.
Gross Revenue | $1,623,744 | Listed Price | $1,850,000 |
Total Income | $481,626 | Down Payment | $1,665,000 |
Base Rent | $ | Square Feet | 1,000 ft2 |
Total Rent | $1,200 | Lease Description | Lease Ends 11/2020 |
Rent Deposit | $950 | Lease Options |
Inventory | $ | Leashold Improvements | $ |
Equipment/Fixtures | $35,000 | Other Assets |
Full-Time Employees | 1 | Training Period | 2 Weeks |
Part-Time Employees | 6 | Special License Required | No |
Contract Staff | Variable | Reason for Selling | Focus on other businesses |
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.