Janitorial Firm-Minority Buyers Encouraged to Inquire!
Location: Washington
Industry: Business Services > Other Business Services
Financials
Asking Price: $2,300,000
Gross Revenue: $1,543,637
Cash Flow: $535,105
Inventory: $45,000 (Included in Asking Price)
Seller Financing: Seller will consider a possible earnout scenerio
Business Summary
Attention minority buyers! This is an incredible opportunity to purchase a rare business venture that has been extremely successful competeing within the Government contracts arena. Established in 1988, this janitorial firm has earned its' place as a big hitter within Washington State. Located just South of King County, they are situated perfectly within the busy Puget Sound area. Operating with a philosophy of offering fair services to clients and a living wage to employees, the seller has created a recipe for success. Employees are mostly dispatched from home and are assigned to specific contracts. This minimizes down time and vastly increases productivity. Supervision is completed through working foremen assigned to projects as well as owner visits once in awhile. Their "Green Housekeeping" techniques have been quite successful and have earned them recoginition within their field. Take advantage of this incredible opportunity and call us today!
About the Business
Year Established: 1988
Employees: 10 full time - 15 part time
Facilities: The facilities are primarily warehouse space with a small office area. 6000 square feet provides more than enough room for growth, storage and equipment security. Lease will be assignable. The building could also be for sale to the buyer if real estate is desired.
Market Outlook and Competition: There is other competitions, but this company is one of the dominant players in the market. With nearly twenty years in the business, this company has earned an excellent reputation. Offering fair contracts to clients while providing living wages for their employees is key to their success. The primary customers of this business are Government contracts, making the ability to obtain a minority or disadvantaged status paramount for the retention of these agreements.
About the Sale
Management Training and Support: The seller plans to be able to work for the buyer in some sort of consulting capacity in order to assist in obtaining further contracts and to provide a smooth transition with existing clients.
Reason For Selling: Retirement after 40 years in the same industry.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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