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Kensington Company

Established Commercial Cleaning And Facility Management Company For Sale

New Jersey, US
Asking Price:
On request Furniture / Fixtures included
Sales Revenue:
$20,000,000
Cash Flow:
$1,700,000

A well-established commercial cleaning and facility management company, in business for over 50 years in the Mid-Atlantic region, is available for acquisition. With over 500 employees and a structure that allows them to service large skyscrapers to smaller office complexes, the Company has developed a leading reputation in this space and a long list of top-tier clients. Most of all, their business is in the form of renewable contracts resulting in recurring revenue plus they have a strong record of client retention. They offer a full range of building maintenance services including janitorial, window cleaning, security, landscaping, pressure washing, and painting to a diverse client base including Fortune 500 companies, commercial real estate firms, hospitality groups, medical facilities, and municipalities.

The Founder has built a strong management team over the years and is no longer the focal point of the business; working only 20 hours a week these days in a mainly “advisory” capacity. He is looking to retire and transition this very healthy business to the right new ownership or group who can continue to build on the Company’s legacy. There is a full team in place, and the owner will also stay on for a time to ensure a smooth transition. The Company is also poised for significant growth as office space continues to recover from the Covid “work from home” model along with its ability to scale geographically. Qualified candidates please inquire about listing 16153.

Property Information

Real Estate:

Lease

Business Operation

Employees:
500
Years established:
50+

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$3,000,000 - included in the asking price