High-Profit Commercial Cleaning Company w/ 22 Years in Business
Asking Price: | $5,140,000 |
Gross Revenue: | $3,000,000 |
FF&E: | $65,000 |
Cash Flow: | $1,000,000 |
EBITDA: | $1,000,000 |
Established Year: | 2002 |
Westchester County
We are pleased to present an outstanding opportunity to acquire a highly reputable commercial cleaning and maintenance company based in Westchester County, New York. With 22 years of successful operations, this business has built a strong reputation for delivering high-quality services to both residential and commercial clients. The company operates in affluent areas such as White Plains, New Rochelle, and Yonkers, serving a loyal client base of high-end residential properties and a few professional offices.
Key Business Highlights:
Well-Established Reputation:
Operating for over two decades, this company is known for reliability, attention to detail, and exceptional service quality. It maintains long-term relationships with property managers and owners through tailored cleaning solutions.
Diverse Clientele & Services:
The business has 20+ active contracts, predominantly servicing luxury multifamily residential properties and professional offices. Core services include:
Routine cleaning (offices, residential spaces, common areas)
Floor and carpet care
Specialized services (post-construction cleaning, corporate apartment cleaning)
Handyman/Porter/Matron services for ongoing property maintenance
Strong Financial Performance:
From 2021-2023, the company generated an average annual revenue of $3,030,000 with an impressive 26.4% profit margin. The company’s consistent earnings demonstrate operational efficiency, while long-term contracts provide stable and recurring revenue. The business boasts an average EBITDA of $1,003,105 over the past three years, positioning it as a financially attractive acquisition.
Skilled Workforce:
The company employs a skilled and trained workforce, ensuring top-quality service delivery. Employees are well-versed in industry best practices and safety protocols, contributing to the company's stellar reputation.
High Client Retention:
Long-term clients, some of whom have been with the business since 2004, contribute to its stability. In addition to its established client base, the business has successfully acquired new clients, showcasing its ability to grow and adapt.
Opportunities for Growth:
Geographic Expansion:
The business currently serves Westchester County, with additional contracts in Fairfield County, Connecticut, and New Jersey. Expanding further into these affluent regions offers tremendous growth potential.
Commercial Sector Focus:
While the business has a strong foothold in the residential cleaning market, expanding its focus on commercial office spaces, healthcare facilities, and educational institutions could significantly increase revenue streams.
Eco-Friendly Services:
There is growing demand for environmentally-friendly cleaning solutions. Introducing green cleaning services could attract more clients, particularly in high-income areas where sustainability is a priority.
Financial Overview:
Revenue (2021-2023): $3,030,000 average annual revenue
Profit Margin: 26.4%
EBITDA (2021-2023): $1,003,105 average
Additional Information:
Location: Westchester County, New York
Industry: Commercial & Residential Cleaning
Contracts: 22 active contracts in residential and commercial sectors
Years in Business: 22 years
Reason for sale: Seller looking to expand in other investments
Seller willing to train and stay on board for 6 months
This business is a turnkey operation, offering a stable income stream with opportunities for significant growth. The current owner is open to providing support during the transition, ensuring a smooth handover and continuity of service for clients.