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Niche Commercial Cleaning Business
Location Michigan,United States
Asking Price Range $250K - $500K
Gross Revenues $1141754
Net Profit / Cash Flow $215828
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2010
Number of Employees 35 - 49
Inventory 16683
Relocatable Yes
Number of Employees 35 - 49
Real Estate Leased
Training Owners are willing to stay on for 2 months to train and insure smooth transition. After that, they will remain accessible as advisors.
Reason for Sale Other business venture.
Description Asking price $345,000. Seller financing available with $150K to a well qualified buyer.
Available for acquisition is a large-scale, independently-owned commercial cleaning business specializing exclusively in apartment turnover and common area cleaning for large apartment complexes throughout Southeast Michigan. This is a recession-resistant, specialized business with high profit margins, low overhead, experienced staff in place, and opportunities for rapid growth. Although the business is young, it's already recognized as the leading provider of cleaning services in this very niche market. Its customer base continues to grow month after month with extremely high retention rate!
There are approximately 40 part time employees, 2 operations managers, 2 field supervisors and an office manager handling day to day activities. All employees are provided with uniforms, equipment, and supplies, but use their own vehicles to get to/from the job sites. Partners have never done any actual cleaning, and their own role in the company has become pretty hands-off as the operations managers have direct responsibility for staffing, training, scheduling, and managing the cleaning staff. Unlike most contractor businesses, the business is not dependent on relationships between the owner and the customers. The company is well organized with very detailed records, an ongoing flow of business from over 100 properties. Professional website, marketing materials, clients' database, all equipment and inventory are included with the sale.
This would be a great business for a number of different owner types, both hands-off and hands-on. Very easy business to learn quickly.
This business is priced aggressively at just above 1.5 times cash flow and will sell quickly! This is an excellent return on investment! More information will be provided with signed Non-Disclosure agreement. All buyers must show financial capability!
For more information, please call 248-425-2129.
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