Fast Growing Janitorial and Commercial Cleaning (17818)
| Asking Price: | $2,500,000 |
| Gross Revenue: | $2,225,094 |
| FF&E: | $550,000 |
| Established Year: | 2008 |
| Cash Flow: | $171,458 |
| EBITDA: | $143,745 |
| Real Estate: | $500,000 |
This southern Alabama based commercial janitorial company has consistently generated steady growth and sticky revenue every year since its inception. This highly profitable commercial cleaning institution prides itself on delivering the highest quality service to established, branded commercial customers throughout the Gulf Coast region – spanning multiple states. Comprehensive cleaning services include janitorial, carpet cleaning, tile/grout cleaning, dusting, window washing, post construction clean-up, painting, maid services, and other cleaning services in residential, commercial, industrial and construction environments. This janitorial services company maintains a high percentage of recurring residential and commercial customers. Once acquired, customer retention rate is maintained at 90%. The 4,400 square feet facility is leased by the company from a qualified third party on a renewable lease. The facility is a perfect central location that serves as the hub of operations, and can handle additional capacity for training. Approximately 40% of revenue is from recurring commercial service accounts, 27% is from commercial clean-up services, 17% is from make-ready rental clean up services, and the remaining revenue is sourced from residential customers and special services. Operations of the company include multiple crews working different shifts to handle the increasing demand of services. The marketing efforts target primarily open, organic bid opportunities commercial, institutional (education, government) and industrial multi-year contracts and attracts referral opportunities, most of which result in repeat business. Commercial leads are generated through its online presence, touting high ratings from the BBB, Google and Home Advisor. This is an opportunity targeted for national or regional corporations or synergistic providers such janitorial staffing or product manufacturers looking to expand into a new market or add synergy to their existing holdings through the janitorial service sector. In 2023, the Company’s total revenue was $2,225,094 with $171,458 SDE. Asking Price Reduced from $3,000,000 to $2,000,000 without real estate.
