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Commercial Floor Cleaning Company with Long-Term Contracts

Location: NM, TX, CO

ID: (#200600)

200600
Price:$1,300,000
Revenue:$3,100,000
Cash Flow:$450,000
FF&E (Assets):$237,000
Inventory:$15,000
Real Estate:$0

Overview

Price includes $150k in receivables that can be used for working capital.

This company has long term contracts to provide professional floor cleaning services for 96 properties in multiple states. The company continues to add new customers and additional services and currently has approximately 100 employees. The management would like to remain with company and continue to supervise the daily operations of the business. This segment of the industry has a high barrier to entrance and few competitors. This is a divestiture for the owners of the business.

Details

Reason for Selling:

Divestiture

Established:

1995

Employees:

100

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.

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

General Manager will stay on for a training period

Broker Contact Information

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