773.243.1603
773.243.1603
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Listing ID:3N898

SOLD – Chicago Janitorial Firm

Sold

This Company has been established for eleven years. It provides primarily commercial janitorial services including maintenance and repair. The Company has service contracts with educational facilities, bars and restaurants, manufacturing facilities, and medical facilities. There is very little residential work and most revenue recurs from year to year.

The Company has reliable employees who have been with the Company for up to ten years and manage day to day operations. With another ongoing business concern to manage the seller spends only a few hours a week on this business. An ideal buyer is someone who would like to enter this industry or an established service provider that would realize cost synergies and efficiencies at a larger scale.

This Company has found a niche customer base in an otherwise competitive market. The seller is motivated to find the right buyer and is planning to spend a good amount of time training and transitioning the business as part of the purchase.

Transcation Details

  • Location

    USA, Chicago, Illinois

  • Results

    28 Inquiries
    16 Showings
    4 Offers

  • ESTABLISHED IN

    2004

  • Real estate Included

  • Full-Time Employees

    26

  • Franchise

  • Industry

    Service

  • Reason for Selling

    Other Business Interests

  • Inventory Included

  • Part-Time Employees

  • Business

    SOLD – Chicago Janitorial Firm

  • Acquirer

    Investor

  • Annual Revenue

    $416,304

  • Annual Cash Flow

    $88,289

  • Seller Financing

  • SBA Financing

  • Listing Price

    $265,000

  • Acquisition Highlights

    o Service Contracts

    o Recurring Revenue

    o Reliable Staff

    o Established over 10 Years

Domenic Rinaldi, CBI