HS Listing ID-71620
Asking Price: $750,000
SDE: $250,000 (3.0x multiple)
2025 Gross Revenue: $352,820
2026 Projected: $400,000+
Clients / Locations: 35 / 40
Recurring Revenue: 99%
Owner Hours: ~10/month
THE OPPORTUNITY
This is a rare opportunity to acquire a thriving, absentee-operated commercial cleaning company serving 35 clients across 40 locations in the Portsmouth, NH area. The current owner works just 10 hours per month — this business runs itself.
With $352,820 in 2025 gross revenue, $250,000 in seller’s discretionary earnings, and a clear path to $400,000+ in 2026, this is a cash-flowing asset with demonstrated momentum and minimal owner dependency. Revenue has grown 85% since 2022 with no signs of slowing.
WHY THIS BUSINESS STANDS OUT
• 99% recurring revenue — stable, weekly cash flow from commercial contracts
• 35 clients retained — majority have been with the company 3+ years with zero active churn
• Truly absentee — owner handles only payroll and invoicing (~10 hrs/month); team handles all operations
• All contracts fully assignable to buyer — no renegotiation required at closing
• 5 W-2 employees, all bonded and insured, average tenure ~2 years
• Written SOPs in place; new employee up to full productivity in 3–5 days
• Low overhead — approximately $100–150/month in supplies; all equipment owned outright
• No special licenses required to operate in New Hampshire
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
