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17733 – Sanitation and Janitorial Company, Profit Over 30%!

ServiceFor Sale in TX

Financial & Assets Details

$908,000
$314,000
$40,000
$5,000
Yes
1,600+/-

About the Business

2017
36 nonunion.
Yes

Business Description

Servicing the Midland-Odessa region of Texas, this listing showcases a commercial janitorial provider servicing commercial & industrial buildings, and corporate housing/man camps. Fully insured! Cleaning services include windows, floors and more for offices, break rooms, restrooms, and lobbies. In addition, the company provides rental make-ready cleaning and post-construction clean up. The recent pandemic has brought on a new revenue source, with added fogging services for commercial, industrial and residential clients. The return of the oil industry has boosted sales considerably as well! Total Revenues from 2020 reached $908,339 alongside Discretionary Earnings of $314,601 and Adjusted EBITDA values of $274,479. The prime, centralized office-complex location totaling 1,600 square feet serves as a training facility and features parking spaces, as well as room for administrative purposes. The annually leased property comes in excellent condition and is flexible for a tenant transfer; also capable of handling extra capacity, possibilities for expansion are achievable. Assisted by an experienced personnel of 36 nonunion employees, the company has a near perfect rating and is ready for a smooth ownership transition of one year while streamlined operations make new management easy! Besides an online presence through Google SEO and a website, marketing efforts center on supplementing verbal referral sources from their recurring customer base.

Seller Financing

Negotiable up to 20% for the right buyer.

Location Details:

Leased.

Support & Training

Smooth one year Owner Transition period.

Reason for Selling:

Approaching retirement.

Listing ID: 17733 - Sanitation and Janitorial Company, Profit Over 30%!

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