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Asking Price$399,000
Revenue$684,734 Established1989
Cash Flow$143,692 Employees4 full, 35 part
FF&E$50,000* FranchiseNo
Inventory$3,500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Since late 1980s this minority owned business has provided professional cleaning services to commercial, governmental and medical establishments in Michigan and surrounding areas. Over 50% of revenues come from signed government contracts through the end of 2017 and first half of 2018. This company delivers complete janitorial solution to its clients including regular cleaning services plus hard surface floor care, marble floor maintenance/restoration, carpet & window cleaning, construction clean-up, emergency clean-up, landscaping/snow removal. In addition, facility management services include HVAC, pest control, refuse collection, construction clean-up and special projects. The owner employs 25-40 field personnel and 3-4 core office staff. This long established business has high standards and maintains a quality reputation. Potential buyers should have experience in this industry or have sales/marketing, management, or government contracting skills. Minority status is a plus.  All assets and inventory included with the sale.
Facilities:The business leases a 737 sq. ft. office suite on the first floor of a historic building at $844.48 per/mo. and 918 sq. ft. of lower level storage at $612.00 per/mo. They have several underground parking spaces at $45 per mo. per vehicle. This location is well maintained with easy access to most major freeways. It’s advisable to keep this lease but the business is relocatable.
Competition:Long history and solid reputation of this company paired with vast experience in government bidding arena, puts this business ahead of competition.
Growth Potential:With new ideas and energy of the new owner, there is a great growth potential within Michigan and other states. Business sale comes with excellent web site including on-line product sales that can be expanded. Useful certifications/designations to build on: Federal GSA and NAIC codes, SBA HubZone, Michigan Minority Supplier and several Wayne County designations.
Training/Support:The owners will train the buyer for a negotiated time period.
Seller Financing:Cash + note based on customer retention
Sale Reason:Ready for retirement
Ad #80958
Seller Reference #MI050216
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Inix Consulting and Brokerage
Inix Consulting and Brokerage, LLC
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