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Sun Acquisitions Listing ID: 3N934

SOLD!!! Industrial & Commercial Cleaning Business

Business Description:

The business began in 1989 in the kitchen cleaning sector by cleaning the hoods and exhaust systems in commercial kitchens. Over time the business expanded and now offers a wide range of industrial cleaning services: Air Conditioning Systems, Exhaust Systems, Heating & Cooling Coils, Silos, Industrial Painting (no grease traps). Today, the majority of the business is on the industrial cleaning side of the business. The business gets most of its business from repeat business or referrals. Very little marketing is done. There is no salesman. Potential customers for the business are any industrial or commercial location. The business is a “clean” business and does not deal with any hazardous waste. There is a well trained staff in-place with written procedures and guidelines leaving a new owner free to focus on top-line growth. Due to the specialized nature of their services and tenure in the industry, there are barriers to entry from competitors. The business has been managed day-to-day by a General Manager. The owner relocated to Florida in 1995 and resides there full-time. He manages the financial side of the business from Florida.

Location:Illinois > Chicagoland > Cook
Annual Revenue: $1,103,155
Listing Price: $770,000
Annual SDE (Cash Flow): $223,383
Listing Agent: Domenic Rinaldi 
FF & E: $10,000 
Established in1989 
Reason for selling:Retirement

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