For sale is a 27-year old general cleaning services business specializing in commercial properties throughout the GTA. Since its inception, the business has established a stellar reputation in the industry due to its excellent, honest and punctual service. It is staffed with two highly trained full-time employees who are well-experienced in the industry. This is a Turnkey operation as the business has maintained stable revenues over the past few years with high profit margins.
The business has a loyal clientele base; some have been with the company for over 25 years. New clients are acquired primarily from word of mouth referrals. The customer base is diverse and is spread across many different industries. A new owner can grow the business through the creation of a company website.
This is an ideal opportunity for an individual looking to start his or her own business. Another cleaning services business may also be interested in this venture as a synergistic deal to grow its market share and customer base.
Seller's Discretionary Earnings (SDE) is calculated based on the owner working approximately 25 hours per week in revenue-generating operations. The owners are selling the business as they wish to retire. The asking price includes all equipment.
Asking Price: $120,000
Revenue (2014): $142,000
Normalized Seller’s Discretionary Earnings (2014): $63,000
Year established: 1988
Employees: 2 P/T
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