Business For Sale Listing 151980
Leading Janitorial Services Company
Status as of Nov-22-2008 at 06:00 PM: Off The Market
Business Summary
Founded in 1982, the Company provides janitorial services and supplies to commercial businesses in its major metropolitan area. The Company's revenue is derived fiom base janitorial services (61%), medical temp/porter services (14%), supplies (11%), strip and wax (6%), carpet cleaning (6%) and auto scrubbiing (2%).
The Company has an active customer base of 80 contracts with 110 locations. Services are currently provided to the following markets: Medical (43%), Automotive (35%), Gneral Office (21%), and Industrial (1%).
The Company is owned by two absentee owners and operated by 9 full-time employees. The employees oversee the contractors who perfomr thr janitorial services. The owner would like to diversify their wealth, which is tied up in the business that they have built over the past 25 years.
Sales have grown from $2.6 million to $4.7 million between 2004 and 2007.
The Company operates in the owner-occupied building maintenance niche, which provides greater sales stability, better customer relationships, and higher margins.
25+ years reputation for quality service and superior customer support.
There exists a myriad of opportunities for the Company to significantly increase revenues and profits, including leveraging the Company's proven reputation to pursue and penetrate new and existing markets. These opportunities are easily attainable given the appropriate investments in capital and human resources.
Expected capital expenditure requirements of only $60k annually for future growth.
No customer accounts for more than 9% of sales, and the top 5 customers account for only 35% of sales.
Categories
| Industry: |
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Industry
Location
Financials
| Sales: |
Between $5 Million And $10 Million (5,200,000) |
| Profits: |
Between $1 Million and $2.5 Million (1,400,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
