SOLD!

Details

Commercial Cleaning Company In Northern Colorado For Sale

Asking Price:
 $240,000
Annual Sales:
 $273,000
Cash Flow:
 $125,000
Inventory: N/A
FF&E: $2,000
Real Estate: N/A
Employees: 13T
Location: Northern Front Range
Reason For Sale: Retirement

Business Description

Small-town feel, big-city demand. This company has a great balance of residential and commercial cleaning services (50/50) – All are on recurring schedule and are long-term clients. Employees are dedicated and loyal and can handle some growth. A long-term supervisor on staff schedules all jobs and sells new jobs. The Owner and Supervisor will train new owner. The company enjoys referrals from happy clients; they are deeply embedded in the community. Residential clients are cleaned monthly or bi-weekly and pay as work is completed. Commercial clients are serviced every week (evenings) and are billed on a monthly basis.

Business is located in a small town north of Denver Metro area. While there is high-growth in the area, this location still has a small-town feel with plenty of country. The location will be disclosed after qualifying the buyer and ensuring that confidentiality will be maintained.

Owner only works about ½ time and loves the business but is experiencing some family health issues and needs to retire soon.

Business is qualified for SBA loan. typical 15% down payment ($45K), would yield a monthly payment of approximately $2K/mo which will generate net income for buyer of approximately $100K/year.

Represented by Bill Scott. Tell me more about this business.

Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.