Nighttime Cleaning Services Business for Sale

Featured on BizBuySell.com . 35 viewed

Asking Price

$600,000

FOR SALE - ACTIVE

Detailed Information

Location

Glenwood Springs, CO (Garfield County)

QUICK STATS

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

This business offers nighttime cleaning services for office spaces, medical facilities, carpet cleaning, hard floor maintenance, window washing, and disinfecting. With an average revenue of $1.2M and earnings of $220K over the past years, the company is priced at $600K, as the owner, who is mostly retired, seeks to sell and retire fully after over 20 years of operation. The recent financial decline can be attributed to dropping two major accounts, but the owner is working on securing new business to recover lost earnings. The business, managed by the owner’s daughter and operating with 45 employees, has great growth potential due to the simplicity and high recurring revenues of the cleaning industry. The seller acknowledges the need for advertising and sees opportunities to expand services to residential and construction cleaning, among others. With minimal advertising and a loyal customer base, the new owner can easily take on the current duties of the owner and his daughter while focusing on growing the business. Despite facing recent challenges and

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Listed By:

Name : Jeff C Eisnaugle

Phone Number : Show Phone number

Jeff C Eisnaugle typically replies in about 7 minutes

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