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Fast Growing Janitorial And Commercial Cleaning (17818) For Sale

Mobile Metro Area, Alabama, US
Asking Price:
$3,500,000 Furniture / Fixtures included
Sales Revenue:
$2,011,840
Cash Flow:
$186,000

This commercial cleaning company in Alabama is generating growing revenue rapidly year after year. The Company is a professional and highly profitable commercial cleaning service that covers a wide area of customers all over the Mobile metropolitan area. The Company’s primary services consist of comprehensive cleaning services including janitorial, carpet cleaning, tile/grout cleaning, dusting, window washing, post construction clean-up, painting, maid services, and other cleaning services in residential, commercial, industrial and construction environments. This janitorial services company maintains a high percentage of recurring residential and commercial customers. Once acquired, customer retention rate is maintained at 90%. The company operates from a prime location, totaling 4,400 square feet. The facility is leased by the company from a qualified third party on a renewable lease. The facility is a perfect central location that serves as the hub of operations, and can handle additional capacity for training. The Company’s customer base consists primarily of regional businesses in need of janitorial services on a recurring basis. Approximately 40% of revenue is from recurring commercial service accounts, 27% is from commercial clean-up services, 17% is from make-ready rental clean up services, and the remaining revenue is sourced from residential customers and special services. Operations of the company include multiple crews working different shifts to handle the increasing demand of services. The Company’s marketing efforts are primarily organic, with a strong focus on targeting repeat business utilizing word of mouth referrals, and having a strong online presence with high ratings from the BBB, Google and Home Advisor. This is an opportunity targeted for national or established regional businesses looking to expand into a new market or add synergy to their existing holdings through the janitorial service sector. In 2021, the Company’s total revenue was $2,011,840 with $186,000 SDE.

Property Information

Real Estate:

Real Property Included

Location:

Property valued at $500,000 comes included within the Asking Price!

Size in square feet:
4,400+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

24 / 7 Service.

Employees:
88 nonunion.
Years established:
2008

Other Information

Support & training:

12 month Owner Transition period.

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

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$550,000 - included in the asking price