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Sold - Janitorial/Building Maintenance - Very Proftiable - Business For Sale

Undisclosed, Ohio, United States

Listing: 2818 | Ref: Unspecified | Agent: 201
Business Sold Subject to Contract 
Asking Price: USD $920,000.00
Gross Income: USD $2,200,000.00
Cash Flow: USD $263,904.00
Fixtures & Fittings: USD $120,000.00
Stock & Inventory: USD $11,700.00
Owner Financing: No
Year Established: 23 years
Trading Hours: Monday thru Friday 9am to 5pm
Employees: 85
Terms of Sale: Unspecified
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Business Description

Profitable and well established commercial janitorial service and paper supply company; serves clients in Ohio, Kentucky and Indiana. Customers are Professional Service Offices, Medical Facilities, Lending Institutions, Churches, Educational Facilities, and more. Much room for growth. New hospital clients added in 2011; total projected 2011 revenue at $2,200,000.

Leader in Green cleaning supplies and technologies. Strong customer relationships have been built on company’s commitment to professional and consistant building care.

Quickbooks accounting system and also specialized management software systems.

Experienced management team. No union.

Detailed Information

Competition & Market Info: The output of U.S. services to buildings and dwellings, which includes janitorial services, is forecast to grow at an annual compound rate of 4% between 2010 and 2015 (from First Research Industry Profiles).

Reasons for Sale: Other interests including partial retirement

Support & Training: Owner will provide training and support.

Real Estate Information

Property Type: Leasehold

Lease Terms: open

Leasehold Rent: Undisclosed

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