Listing ID: 200730

Location: NorthEast Tennessee


Asking Price
$925,000
SDE
$360,000

Gross Revenue
Year Established
Number of Employees
Inventory

$900,000
1984
35
$1,000

EBITDA
FF&E
Real Estate

N/A
$60,500
N/A

Business Description

This company is an established, growing commercial cleaning company in Northeast Tennessee._x000D__x000D_
_x000D__x000D_
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. _x000D__x000D_
_x000D__x000D_
Now doing around 45 accounts and growing, this company continues to pick up new customers in the business to business sector. _x000D__x000D_
_x000D__x000D_
This company has been able to weather Covid-19 well. In fact they have grown in 2020 over the previous year. Revenue shown does not reflect any PPP loans. _x000D__x000D_
_x000D__x000D_
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.

Additional Information
Reason for Selling

Divestiture

Support & Training

Owner willing to stay on for an appropriate transition. He is willing to stay up to a year on an employment agreement and help generate additional revenue.

Growth & Expansion

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

Listing Advisor

Contact Listing Advisor




Listing ID:
200730

Location
NorthEast Tennessee

Asking Price
$925,000

SDE
$360,000

Gross Revenue
$900,000

Year Established
1984

Number of Employees
35

FF&E
$60,500

Inventory
$1,000

Real Estate
N/A

Business Description


This company is an established, growing commercial cleaning company in Northeast Tennessee._x000D__x000D_
_x000D__x000D_
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. _x000D__x000D_
_x000D__x000D_
Now doing around 45 accounts and growing, this company continues to pick up new customers in the business to business sector. _x000D__x000D_
_x000D__x000D_
This company has been able to weather Covid-19 well. In fact they have grown in 2020 over the previous year. Revenue shown does not reflect any PPP loans. _x000D__x000D_
_x000D__x000D_
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.


Additional Information
Reason for Selling

Divestiture

Support & Training

Owner willing to stay on for an appropriate transition. He is willing to stay up to a year on an employment agreement and help generate additional revenue.

Growth & Expansion

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


Listing Advisor



https://bristolgrouponline.com/listing/564611/
Asking Price
$925,000

SDE
$360,000

Gross Rev.
$900,000

Location
NorthEast Tennessee

Business Description

This company is an established, growing commercial cleaning company in Northeast Tennessee._x000D__x000D_
_x000D__x000D_
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. _x000D__x000D_
_x000D__x000D_
Now doing around 45 accounts and growing, this company continues to pick up new customers in the business to business sector. _x000D__x000D_
_x000D__x000D_
This company has been able to weather Covid-19 well. In fact they have grown in 2020 over the previous year. Revenue shown does not reflect any PPP loans. _x000D__x000D_
_x000D__x000D_
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.

Detailed Information
Internal ID
200730

Number of Employees
35

Year Established
1984

FF&E
$60,500

Inventory
$1,000

Real Estate
N/A

Additional Information
Reason for Selling

Divestiture

Support & Training

Owner willing to stay on for an appropriate transition. He is willing to stay up to a year on an employment agreement and help generate additional revenue.

Growth & Expansion

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