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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!
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Moving out of state.
Seller will train
550,000.00 Down & $300K over 3yrs. @ 6%
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