Janitorial With Twenty Eight Reoccurring Weekly Accounts For Sale

This business primarily handles office cleanings for small
businesses which make up 80% of their clients. 10% of their
clients are daycare centers and schools and the remaining
10% is a combined compilation of churches, medical offices
and labs, and professional service offices. This operation
currently has 24 clients and works in a total of 28 buildings.
Office cleaning services with available daily service line
items including bathrooms, trash removal, mopping,
vacuuming, and door cleaning as well as monthly and bimonthly services including the deep-cleaning and
maintenance of specific items and areas that don’t need
daily cleanings but do need regular upkeep. The staff
consists of 10 W2 cleaners. The current owner works parttime, about 15 hours per week, handling business
coordination as well as payroll and invoicing. While the
current owner has offered a transition period of up to 6
months, she believes a buyer could easily be trained.
Located in Omaha, NE since 2002, the staff is able to
operate on location with their clients, leaving this business
with the opportunity to reduce overhead costs by not
needing an office space, which has been proven effective
with their current 30% profit margin.
Priced at $298,000 this business is listed with an extremely
low multiple of only 3.25 times the cash flow! A 10% down
payment of $29,800 returns $46,329 in the first year after
debt payments! To further cement the stability of this
acquisition opportunity, the current owner has offered to
finance 10% of the purchase price as a show of good faith in
the ongoing success of the business. This is an excellent
opportunity for a first-time buyer, a residential cleaning
service looking to expand into commercial work without
adding a ridiculous amount of overhead fees, or a cleaning
service in the surrounding areas of Omaha wanting to
expand geographically. Not only does this business have an
established team that operates like a well-oiled machine and
an excellent profit margin, they have room for continued
growth moving forward. Growth opportunities include
establishing a marketing presence as their primary route for
new clients is via word-of-mouth as well as expanding their
current geographic service area.