Hood Cleaning Business For Sale - Required By State Code For All Restaurants

1228

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

Training/Support:

90 Days

Seller Financing:

20% Seller Financing: $29,200

Sale Reason:

Other Business Interests