Commercial Cleaning Business with Contracts & Optional Real Estate

Undisclosed Address, Dover, NH 03820
Business Opportunity for Sale
Catylist Listing ID: 30609969
Property Subtypes: Business Services
Building Size (RSF): See Agent
Sale Price: $110,000
Gross Revenue: $192,343 (Annual)
Cash Flow: $78,343 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Sale includes all Fixtures, Furniture and Equipment
Last Updated: 5/19/2020

Overview / Comments

New listing for a commercial cleaning business based in Southern New Hampshire. Total revenue for 2019 was $192,000 and of that carpet cleaning was $115,000 and commercial cleaning was $78,000. This is a great opportunity for a business in this industry to acquire commercial contracts, well-maintained equipment valued at approximately $60,000+ and experienced staff.

Seller willing to lease the space to the buyer or sell the real estate for $185,000.

Additional Details

Industry Segment: Commercial Cleaning and Janitorial
Reason for Selling: Owner has a demanding full-time job and wants to focus that one.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $61,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Real Estate Lease Description: Optional real estate for sale includes a 3 bedroom and one bath single family residence (1080± SF) on .75 acres along with a detached 3-bay garage with a small area in back of one bay for an office. The building is fully heated with separate units and contains approximately 1,050± square feet.
Employee/Labor Description: Experienced staff in place.
Mgmt/Training Support Description: Seller willing to train new owner for a reasonable amount of time.
Competition/Market Description: There are a number of competitors in the market but plenty of room for growth.
Growth/Expansion Opportunities: The current owner has a full-time job outside of the business and therefore has not had the time to aggressively seek new customers. Most of the new business comes through referrals, their website and Facebook page.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,090 36,354 61,383
Median Age: 32.18 34.65 35.21
Households: 1,421 14,058 22,553
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