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Janitorial Company (Tennessee)

Location: Northwest Tennessee

ID: (#200730)

200730
Price:$925,000
Revenue:$900,000
Cash Flow:$340,000
FF&E (Assets):$60,500
Inventory:$1,000
Real Estate:$0

Overview

This company is an established, growing commercial cleaning company in Northeast Tennessee.

There is a supervisor now that does some operations and the seller is willing to stay on and continue to do sales for the new owner. Currently the owner does operations and has been responsible for sales but with the burden of running this size of company he hasn't been able to focus on growth that he knows is available in their area.

Now doing around 40 accounts and growing, this company continues to pick up new customers in the business to business sector.

This company has been able to weather Covid-19 well. In fact they have grown in 2020 over the previous year.

One of their biggest strengths is their ability to work hard and how much pride they take in doing the best job for their customers. They were just voted "best business service business" in their hometown, voted on by the community.

Details

Reason for Selling:

Divestiture

Established:

1984

Employees:

21

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

Included in the asking price.

Opportunities for Growth:

Seller willing to stay on as sales manager and help grow the company even faster and bigger than what it is now.

Support and Training

Owner willing to stay on for an appropriate transition.

Broker Contact Information

  • Alex Hart
  • Idaho - Idaho Falls
  • 1208390007 Mobile
  • (208) 401-9523 Office
  • (208) 248-5610 Fax
  • By Appointment Only
  • Bristol Group
  • Idaho - Idaho Falls
  • By Appointment Only
  • 333 W. 49th S.
  • Idaho Falls, Idaho 83404
  • Real Estate Broker: Bristol Group