Commercial Cleaning and Janitorial Company

Status:
Contract Pending
Asking Price:
$255,000
Inventory:
3118269000015371367
Listing ID:
8306-15608
Cash Flow:
$89,434
EBITDA:
Seller Financing:
N/A
Gross Revenue:
$538,948
FF&E:
$167,750

Well established for twenty years with many long term customers. The company has been resilient regardless of the economy. Well fragmented customer concentration with the largest customer only accounting for less than 10% of revenue. Large amount of government and private contracts with all AR collected in less than 45 days every month. Predictable business which is relocatable and easy to grow. Reduction in revenue was due to the removal of several accounts that were losing money.
Per First Research Reports, “Industry Growth Rating (IDR) is high and is expected to remain in high demand beyond 2023.”
Per IBIS World, “The Janitorial Services industry will grow over the five years to 2024 due to the continued expansion and growth of the US economy.”
“Businesses always need a clean office to operate from” (BRG).

Contact The Seller

Business Listed By

Ken Bohenek

Murphy Business - North Idaho

208-502-0223

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