RETURN TO RESULTS

Commercial Floor Cleaning Company with Long-Term Contracts

Location: NM, TX, CO

ID: (#200600)

200600
Price:$1,115,000
Revenue:$2,532,600
Cash Flow:$390,000
FF&E (Assets):$237,000
Inventory:$15,000
Real Estate:$0

Overview

This company is working in the floor cleaning space and has recently started doing power washing and other commercial cleaning jobs.

This company has long term contracts to provide professional floor cleaning services for about 70 properties in multiple states. The company continues to add new customers and additional services and currently has approximately 80 employees. The key managers would like to remain with company and continue to supervise the daily operations of the business.

Majority of floors are for 2 large national companies. The company is also bidding on millions of dollars or work across the region.

Company has a pre-approval letter from Celtic Bank.

Details

Reason for Selling:

New opportunity

Established:

1995

Employees:

80

Furniture, Fixtures, and Equipment (FF&E):

$237,000- Cleaning machinery and accessories.

Facilities:

Warehouse used to repair and store machinery. Also includes a small office area and outdoor storage area.

Inventory:

$15,000 - Buffer pads, scrubbers, brooms and mops

Competition:

Low competition and high barrier to entry.

Opportunities for Growth:

Lots of growth into this unique market of large retail and commercial buildings.

Support and Training

Owner will assist in the transition

Broker Contact Information

  • Alex Hart
  • Idaho - Idaho Falls
  • (208) 390-0075 Mobile
  • (208) 401-9523 Office
  • (208) 248-5610 Fax
  • Appointment Only:
  • Bristol Group
  • Idaho - Idaho Falls
  • By Appointment Only
  • 333 W. 49th S.
  • Idaho Falls, Idaho 83404
  • Real Estate Broker: Bristol Group