Commercial Cleaning & Restoration Business with Contracts & R...

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Sale Pending
Catylist Listing ID: 30224522
Property Subtypes: Business Services
Status: Pending
Building Size (RSF): 2,200 SF
Sale Price: $115,000 - 300,000
Year Business Established: 2003
Gross Revenue: $167,969 (Annual)
Cash Flow: $65,865 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Living Accomodations: Yes
Last Updated: 5/17/2018

Overview / Comments

Great opportunity to acquire a well-established, turnkey business in which the owner works 5-10 hours a week and can run it from just about anywhere.  The Company is a full-service commercial cleaning and water and fire damage restoration business. The Company is based within 30 minutes of the Seacoast of New Hampshire and has optional real estate to for purchase.

The Company is highly regarded by its customers and has several large contracts in place.  Most customers have been with them for years.

In addition, the Company maintains a property with a 3-car garage to ensure that there is a dedicated “heated” space for company vehicles, equipment, and supplies. The garage includes a small office space. In addition, the property includes a residence with three bedrooms and one full bath.

Additional Details

Industry Segment: Commercial Cleaning and Janitorial
Reason for Selling: Owner has health issues and must sell.
Value of Inventory Included ($): $3,000
Value of Furniture, Fixtures, and Equipment ($): $117,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $185,000
Real Estate Lease Description: Includes a 3-bay garage with a small area in rear of one bay for an office, if needed. This property is fully heated with separate units. The building consists of approximately 1,056± square feet.  The property also includes a 3 bedroom, 1 bath home on .75 acres that is currently not inhabited and could produce additional rental income.
Employee/Labor Description: Experienced and reliable employees
Mgmt/Training Support Description: Willing to assist in training and support
Growth/Expansion Opportunities: The Company does very little marketing and is only trying to maintain it's existing business due to the Owner's health.   There is significant opportunity to increase marketing and expand the business. The Company has high tech equipment, which is very well maintained and could also compete in all types of commercial cleaning jobs. They are centrally located with dedicated space to meet increased demands.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,950 25,218 46,270
Median Age: 42.09 40.47 40.58
Households: 664 10,148 18,771
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