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Asking Price$489,000
Revenue$842,888 Established1999
Cash Flow$297,800 Employees7 full-time
FF&E$181,302* FranchiseNo
Inventory$7,000* RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Passive owner working only 10 hours per week with $297,000 in profit. This company specializes in disaster cleanup, commercial, and residential cleaning. Roughly 70% of their business is residential while 30% is commercial. Providing service for the Greater Columbus area, traveling to York, Norfolk and to a 90 mile radius this business operates Monday-Friday 8-5, and is On-call for Emergencies, A staff that is experienced and knowledgeable is in place; the staff includes: 1 General Manager (3 yrs.), 1 Lead Technician (12 yrs.), 3 Field Techs, and 2 Cleaners.
This specialized restoration and cleaning business also comes with a grandfathered transferrable license, which encompasses all areas disaster, commercial, residential and is no longer available for someone just starting out. Current general manager has been primed to run the business, so current owner is having to step in less frequently. The business is coming fully equipped with $85,000 in Vans, $96,302 in Equipment, $7,000 in Inventory, and $77,259 in AR for a total of $265,561 in Assets!
A Buyer would earn $74,000 (Based on 2014 Cash Flow) after all expenses were paid including the debt service to both the Bank and to the Seller for financing provided. That is a 151% Return on Investment (ROI)!

Financial Overview
List Price: $489,000
Gross Sales
2015 Annualized: $842,888
2014: $851,424
Owner Profit/Cash Flow
2015 Annualized: $297,800
2014: $153,131
Profit Margin: 35%
Multiple: 3.2 *Multiples range from 1-5, with the average being 3
Valuation: 2014 Cash Flow x Multiple = Price
$153,131 x 3.2 = $490,019
Valuation: 2015 Cash Flow x Multiple = Price
$297,800 x 3.2 = $952,960

Assets Included in Purchase: $265,561
Equipment: $96,302 (Fans, Cleaning Equipment, etc.)
Vehicles: $85,000 – Vans
Intangible Assets: Transferable License – allow Owner to service all three sectors: commercial, residential, and disaster. No longer given to new start-up territories
Inventory: $7,000 – dependent on time of year
A/R: $77,259
*amounts may vary
Business Information
Year Established: 1999
Location: Platte County, Nebraska
Service Area: Greater Columbus area, travels to York, Norfolk and to a 90 mile radius
Lease: Relocatable - $800/month until able to transition into a new location
Reason for Selling: Retirement
Employees: 1 General Manager (3 yrs), 1 Lead Technician (12 yrs), 3 Field Techs, and 2 Cleaners
Hours: Monday-Friday 8-5, On-call for Emergencies
Seller Training Period: Seller will train and transition for 90 days
Growth Opportunities: Little to no marketing is currently being utilized
Current Owner’s Responsibilities: The GM has transitioned into the “go-to person”, Owner oversees operations 5-10 hours per week

Funding Example
Purchase Price: $489,000
10% Buyer Down Payment: $48,900
15% Seller Financing: $73,350
75% Bank Loan: $366,750
Buyer to earn more than $74,000 in year 1 after all expenses and loan payments are paid
Facilities:Lease: Relocatable - $800/month until able to transition into a new location
Growth Potential:Little to no marketing is currently being utilized
Training/Support:Seller will train and transition for 90 days
Seller Financing:15% Seller Financing: $73,350
Sale Reason:Retirement
Ad #78528
Seller Reference #SER011
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Contact This Seller
Cortney Sells
The Firm Business Brokerage
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