Established Janitorial Firm Seeks Merger - Illinois

Featured on BizBuySell.com . 14 viewed

Asking Price

$1,750,000

FOR SALE - ACTIVE

Detailed Information

Location

Northbrook, IL (Cook County)

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

We are a janitorial firm established in 2009, operating primarily in the Chicagoland area with around 38 employees and multiple service vendors. Our company achieved $557,000 in adjusted EBITDA in 2023 and has a proven track record of solid core earnings over the past three years. With an established portfolio of buildings under our care, we are now seeking a merger with an established firm to further enhance our growth and services. Our current management team consists of two owners, two field managers, and dedicated personnel handling HR and bookkeeping tasks. Operating mainly in a remote setup, we have one office located in Northbrook and another satellite office in St. Charles, which can be relocated or closed per the new owner's preference. This presents an excellent opportunity for a merger with a like-minded firm in a related field, aiming to combine strengths and expand our services further. We offer a range of janitorial services to our clientele, including daytime janitorial staff, unit

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Listed By:

Name : Daniel Johnson

Phone Number : Show Phone number

Daniel Johnson typically replies in about 7 minutes

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