Company Overview
NW Florida
This 24-year-old commercial & residential cleaning service was founded by the current owner in 1996. This business truly checks all the boxes. It offers:
- Longevity, stability
- Consistent revenues with good cash flow
- Long-term, loyal clients (many 24-yrs.) with 50/50 balance commercial/residential
- Quality well-trained staff w/ mgr/bookkeeper
- Seller financing for qualified buyer
- Training assistance for a smooth transition at no charge and more!
General Information
Year Established: 1996
Facilities: The business has a leased facility consisting of about 900 sq. ft. The facility consists of two offices, a reception area, and a large laundry/storage room. The rent rate is $600/month.
Market Outlook
Competition: Like similar businesses in the market area it has multiple competitors. Few have been in continuous operation for 24-yrs.
Growth Expansion: The market area is one of the fastest-growing in the southeast. The owner wishes to retire and devotes zero time to expanding the client base.
About the Sale
Financing: The owner will provide seller financing to a qualified buyer with 40% cash equity.
Training: Seller will provide sufficient training to ensure a smooth transition at no charge.
Reason for Selling: Seller wishes to retire.
Financial Summary
Asking Price: $109,000
Revenue: $242,000
Cash Flow: $73,300
Real Estate: Lease
FF and E: $4,700