Tupelo Data Room
Other Building & Construction, Cleaning Businesses
Active

Lucrative Cleaning Business With Years Of Goodwill Finally Available

Texas, United States
Asking Price$2.10m
Revenue$1.52m
EBITDA$149k
Cash Flow$387k
Description
VERY WELL ESTABLISHED EXTERIOR CLEANING BUSINESS WITH OVER 450 CLIENTS. OWNER READY TO RETIRE! TAKE THIS ONGOING ENTERPRISE TO THE NEXT LEVEL. HIGH QUALITY SERVICE FLEET, COMPANY OWNED REAL ESTATE GOES WITH THE BUSINESS OR CAN BE LEASED WITH OPTION TO BUY. WELL TENURED STAFF, HIGH QUALITY PROPIETARY SOFTWARE RUNS THE BUSINESS, SCHEDULES THE ROUTES, MANAGES THE CONTACTS AND KEEPS THE BOOKS.. THE SYSTEM IS MAINTAINED BY CONTRACTED VENDORS. NEW OWNER JUST STEERS THE SHIP! OPPORTUNITY TO ADD ADDITIONAL SERVICES TO CURRENT OFFERING AND INCREASE PROFIT POTENTIAL . CAPACITY TO SERVE DIFFERENT CITIES EXISTS. CURRENTLY RUNNING WITH 58% OF BUSINESS ON ANNUAL CONTRACTS, 32% ON RENEWABLE MONTH TO MONTH SERVICE AND 10% OF VOLUME IS FROM CALL-INS AND SPECIAL PROJECTS. CLIIENT RETENTION RATE VERY HIGH. THE ON GOING NEED FOR THE SERVICE PROVIDES LONG TERM SECURITY FOR THE OPERATIONS. I I I I \I/ FOR FASTER SERVICE DOWNLOAD THE FORMS SUGGESTED BY THE ARROW ON THE LEFT!
Real Estate
$750kIncluded in Asking Price
Building Size: 4960 sq. ft.
Furniture Fixtures & Equipment
$700k
Inventory
$24kIncluded in Asking Price
Business is
Relocatable
Year Established
1983
Reason Selling
RETIREMENT
Facilities & Assets
THE OFFICE WAREHOUSE IS FULLY FENCED AND HARD-SURFACED. THE WAREHOUSE HAS ADMINISTRATIVE SPACE, INVENTORY STORAGE, VEHICLE REPAIR SPACE, AND PLENTY OF PARKING.. THE ROOF IS NOT VERY OLD.. THE BUILDING IS WELL MAINTAINED.
Support & Training
OWNER IS WILLING TO TRAIN FOR A NEGOTIATED LENGTH OF TIME AS WELL AS PROVIDE MENTORSHIP SERVICES ON A MUTUALLY AGREED UPON BASIS.
Market & Competition
THE MARKET FOR THESE SERVICES IS EVERYWHERE - COMMERCIAL, MUNICIPAL, PRIVATE PARTY. THE HIGH QUALITY OF SERVICE PROVIDED IS WHAT DEFINES THE MARKET FOR THIS FIRM. WHILE THERE ARE MANY PROVIDERS WHO OFFER LOWER COST SERVICES, THE CLIENTS WHO REQUIRE AND EXPECT QUALITY AND DEPENDABILITY ARE THE MAINSTAY OF THIS BUSINESS.
Growth Opportunities
AN OUTSIDE SALES PERSONWOULD ADD A SUBSTANTIAL AMOUNT OF BUSINESS TO THE FIRM. THERE ARE A LARGE NUMBER OF ANCILLARY SERVICES THAT COULD BE OFFERED THAT WOULD INCREASE VOLUME AND PROFITABILITY.
Financing Options
Seller financing is available.A QUALIFIED BUYER WITH 30% DOWN COULD GET A 7% LOAN/ 20 YR AMORT/ WITH 5 YR TERM.
Asking Price$2.10m