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Janitorial Maintenance

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$350,000 $649,760 $138,709

Inventory Value:
$50,000 ( not included in the asking price)

Business Summary:
This is a janitorial cleaning service company that consists of 14 accounts most accounts do come with contracts. Average monthly billings are over 54,000 there are 6 sub contracted accounts. 20 employees are paid via 1099. There are 5 employees under the hourly W-2 wage. Seller is going to stay on with these accounts to ensure a smooth transition. $17,520 in rental fee can be added back to profits to a buyer if they have 1,000 sq. ft. storage space.

 
   
   
Year Business was Established: 6
   
Number of Employees: 20  
   
Facilities / Terms of Lease: Rents a warehouse but you do not need a warehouse; can be a home base business  
   
Potential Growth/Expansion: Aggressive new owner can build new relationship and accounts  
   
Competition: Little competition  
   
Owner willing to finance: Seller will hold note for qualified buyer  
   
Owner willing to train: Seller willing to stay for a long period of time  
   
Reason for selling: Health problem  
 

 

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