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Commercial Cleaning With Multi Year Contracts For Sale

Tolland County, Connecticut, US
Asking Price:
$850,000
Sales Revenue:
$1,025,451
Cash Flow:
$303,624

LISTING ID # 33740

Commercial Cleaning Service - 70% State and Municipal Contracts. Not a franchise. This business has seen sharp growth over the past 4 years. The Covid 19 outbreak has only created more demand. They have focused on capturing recurring state and municipal contracts, primarily in Hartford County. Most contracts are locked in until 2022. These are typically 3-year contracts with 2-year options. Cash flow is expected to exceed $300K this year. There are currently 40 (W-2) employees on staff with management in place. We are seeking a serious and financially qualified buyer with at least $550k in liquid funds to cover the down payment. Proof of funds will be requested prior to a conference call or meeting with the seller. The owner is willing to keep a minority equity stake to ensure a smooth transition and aid in the new owner's growth. To learn more, please call or email Mel Vaz today at or . All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at or call us at to discover the difference that is Vested Business Brokers.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33740 for instant access to this business information.

Business Operation

Reasons for selling:

Moving out of state.

Employees:
10FT/30PT
Years established:
2012

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

550,000.00 Down & $300K over 3yrs. @ 6%

Furniture / Fixtures value:
$150,000

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