Janitorial Services and Light Maintenance Construction
Asking Price: | $800,000 |
Gross Revenue: | $2,634,642 |
Real Estate: | $1,000,000 |
Cash Flow: | $411,890 |
FF&E: | $500,000 |
Established Year: | 1987 |
Established four decades ago, the company has built a distinguished reputation for providing janitorial maintenance services to government and non-government commercial buildings and offering high-margin construction services. Alongside this opportunity is a valuable real estate asset valued at $1 million, generating an annual rental income of $100K from an upstairs tenant, while the downstairs and yard are utilized by the business.
Their comprehensive maintenance services encompass a range of tasks, including janitorial services, painting, power washing, fixing plugged toilets, carpet cleaning and replacing bulbs. This versatility ensures that clients receive prompt and efficient solutions for all their property upkeep needs.
To facilitate a smooth transition, potential buyers can consider acquiring both the business and real estate together, with the added benefit of a 25-year SBA loan option. Furthermore, the seller is willing to stay on as a Responsible Managing Employee (RME) for a designated period, ensuring continuity and expertise during the transition.