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Asking Price$146,000
Revenue | $162,530 |
Established | 2009 |
Cash Flow | $42,468 |
Employees | 1 full, 3 part |
FF&E | $30,000* |
Franchise | No |
Inventory | Undisclosed |
Relocatable | No |
Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
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Servicing recognizable restaurant chain locations in Eastern Nebraska with a concentration in Lancaster County. The company provides necessary services to restaurant owners who by Nebraska law must have their kitchen hoods cleaned two times each year. Arby’s, McDonalds and Burger King franchises are just a few of the recognizable names that are clients. The business is fully insured. Gross sales in 2014 were $162,530. Owner Cash Flow for 2014 was $42,468. Assets included in purchase include 2 vans, pressure washers, chemicals and plastics. Hood degreasing services include filters, fans and ducts. Commercial cleaning for entry walks, parking lots, dumpster areas, buildings, and signs is also available. Residential services offered include mold, dirt, grease and stain removal for inside and outside of homes. The current owner will provide training and transition services for 90 days if desired. The business has 4 employees – 1 full time manager and 3 part time laborers. The current owner schedules the night cleaning crew. This is a task that takes less than 1 hour per week. With a cash flow of $42,468, this is a nice add-on business to an already established janitorial or service business.
Financial Overview List Price: $146,000 Gross Sales 2014: $162,530 2013: $131,950 2012: $111,199 Owner Profit/Cash Flow 2014: $42,468 2013: $32,205 2012: $16,627 Profit Margin: 30%
Assets Included in Purchase: $30,000 Equipment & Vehicles: $28,000 2 Vans Pressure Washers Chemicals and Plastics: $2,000 *amounts may vary Business Information Year Established: 2009 Location: Lancaster County, Nebraska Service Area: Includes Omaha, Grand Island, Norfolk, Kearney – Focused on Lincoln Client Information: Under Nebraska law restaurants their kitchen hoods cleaned once per year. Restaurant clients include recognizable restaurant franchise locations of Arby’s, McDonalds and Burger King. Services Provided: Hood degreasing services include filters, fans and ducts. Commercial cleaning for entry walks, parking lots, dumpster areas, buildings, and signs is also available. Residential services include mold, dirt, grease and stain removal for inside and outside of homes. Reason for Selling: Other Business Interests Employees: 1 full time Manager and 3 part time laborers Seller Training Period: 90 Days Seller Responsibilities: Schedules the night cleaning crew. This is a task that takes less than 1 hour per week.
Funding Example Purchase Price: $146,000 20% Buyer Down Payment: $21,900 20% Seller Financing: $29,200 60% Bank Loan: $94,900 With a cash flow of $42,468, this business would be good for passive or retirement income or as an add-on business to an already established janitorial or service business
Seller Financing: | 20% Seller Financing: $29,200 |
Sale Reason: | Other Business Interests |
Ad #78713
Seller Reference #SER004
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