773.243.1603
773.243.1603
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Listing ID:3N934

Sold – Industrial & Commercial Cleaning Business

Sold

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.

The business has been managed day-to-day by a General Manager. The owner relocated to Florida in 1995 and resides there full-time.

Transcation Details

  • Location

    USA, Chicagoland, Illinois

  • Results

    66 Inquiries
    14 Showings
    3 Offers

  • ESTABLISHED IN

  • Real estate Included

  • Full-Time Employees

  • Franchise

  • Industry

    Service

  • Reason for Selling

  • Inventory Included

  • Part-Time Employees

  • Business

    Sold – Industrial & Commercial Cleaning Business

  • Acquirer

    Investor

  • Annual Revenue

    $1,103,105

  • Annual Cash Flow

    $223,383

  • Seller Financing

  • SBA Financing

  • Listing Price

    $770,000

  • Acquisition Highlights

    – History of excellent customer service
    – Documented procedures and processes for a wide variety of cleaning challenges
    – Well-trained and capable staff
    – Limited competition and barriers to entry
    – Recurring revenues and contracts from most customers.

Domenic Rinaldi, CBI