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Los Angeles

  • Listing No.: 106-15273

  • Category: Janitorial, Service

Asking Price $995,000
Down Payment $700,000
Gross Revenue $2,948,436
Total Adjusted Net Income $480,000
Equipment/Fixtures $100,000
Year Established 2006
General Location Los Angeles
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image-for-Sean Seaman

This lucrative janitorial services business established in 2006 has secured recurring accounts with multiple big-name retailers, chain grocery stores and national gyms. 2018 Gross revenue is currently being represented by the seller as $221,703/month for regular cleaning services and they average an additional $24,000/month in special services revenue for those same recurring clients.  Contracts have been negotiated such that annual pricing increases are expected by the customers to compensate for increasing labor rates.  The current owner works only 20 hours per week on the business from a remote office doing book keeping and payroll. This is a turn-key opportunity with significant growth potential and a trained staff in place. Sale includes 3 vans and an entire warehouse of additional equipment valued well over $100,000. Ideal opportunity for an existing janitorial services company looking to expand through acquisition or for an entrepreneur looking to enter this exciting industry and capitalize on this scalable business model.  Call today for more details because this business will sell very quickly!

Gross Revenue $2,948,436 Listed Price $995,000
Total Income $480,000 Down Payment $700,000
Base Rent $0 Square Feet 5000
Total Rent $2,800 Lease Expiration
Rent Deposit $5,768 Lease Options 5, 1 year options
Inventory $0 Leasehold Improvements
Equipment/ Fixtures $100,000 Other Assets
Full-Time Employees 13 Training Period 2 weeks
Part-Time Employees 117 Special License Required
Contract Staff 0 Reason for Selling Other Business Venture

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.