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CALIFORNIA BASED ABSENTEE OWNER COMMERCIAL CLEANING COMPANY - PRICE REDUCED!- SC2142

CALIFORNIA BASED ABSENTEE OWNER COMMERCIAL CLEANING COMPANY - PRICE REDUCED! - SC2142

Asking Price: $425,000
Cash Flow: $135,000
Gross Revenue: $400,000
Down Payment: $425,000
Financing: No
FFE (Included): N/A
Inventory: N/A

Business Location

California

Business Description

This California based Commercial Cleaning Company is a California Sole Proprietorship and was formed 12 years ago and has been under the same ownership since inception. They have a great recurring revenue model that has high retention rate. They provide a full range of services for small businesses, commercial, and corporate clients. Just a sample of some of the services offered include janitorial services (largest recurring revenue source) window cleaning, floor care services (cleaning, sealing, stripping, buffing, scraping), tile and grout cleaning, concrete etching, carpet and water extraction, disinfecting and sterilization services, etc. This business has many recurring revenue clients, but they can do one-time, daily, weekly, or monthly cleans. Some industries they target include professional office spaces and buildings, tech buildings, hospitals and medical facilities, wineries, tasting rooms, grocery stores, beauty salons, health clubs, automobile dealerships, post construction clean up, churches, etc.

Market Outlook/Competition

This business currently advertises mainly through word of mouth and referrals, along with Google SEO. Growth can be obtained by stronger marketing and social media presence. Additional revenue outside of gaining more clients could be by offering more services as well, dependent on what the clients are looking for and demanding. They could also expand geographically into other areas.

Seller Financing Description

Seller Financing Is Not Available At This Time.

Support & Training

The Seller is willing to provide training for 30 days for a fee of $12,000 that will be above and beyond the agreed upon purchase price. This is for transitioning, training, etc. Buyer agrees to pay the taxes on the sale of the business, which would be around $130,000 or 30%.

Reason for Selling

The reason for selling is the Seller would like to pursue other interests.

Detailed information

Year Established: 2011
Home-Based: Yes
Franchise: No
Relocatable: Yes
Required Licenses:
Is Property Leased: No
Real Estate Included: No
Real Estate Available: No
Real Estate Value: N/A
Full-time employees: N/A
Independent Contractors: 10
Building Size: N/A
Monthly Rent: N/A
Facilities Description: This is a home based business.

CA 02100708
NV 1003039

Listed By: Charise Morojo

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Background information

Reference:

SC2142

Year established:

2011

Reason selling:

The reason for selling is the Seller would like to pursue other interests.

Operations

Employees:

Full-time employees: N/A Independent Contractors: 10

Equipment:

Upon Request

Inventory:

Inventory: N/A

Furniture fixtures and equipment:

N/A

Premises

Facility:

This is a home based business.

Square footage:

N/A

Rent and lease terms:

Is Property Leased: No Real Estate Included: No

Location:

California

Opportunities

Growth:

Growth can be obtained by stronger marketing and social media presence.Additional revenue outside of gaining more clients could be by offering more services as well, dependent on what the clients are looking for and demanding. They could also expand geographically into other areas.

Market:

This business currently advertises mainly through word of mouth and referrals, along with Google SEO.

Price and terms

Price:

$425,000

Down payment:

$425,000

Financing:

Seller Financing Is Not Available At This Time.

Training:

The Seller is willing to provide training for 30 days for a fee of $12,000 that will be above and beyond the agreed upon purchase price. This is for transitioning, training, etc.