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BUSINESS FOR SALE - PROFILE #  41720063

SBA Approved Commercial Cleaning Business
Wilmington North Carolina

Asking Price: $350,000   Down Payment: $350,000  
Gross Revenue: $523,321   Adj. Cash Flow*: $146,930  
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Executive Summary
This is a great opportunity to own a well known long time establish commercial cleaning and janitorial service company that has been operating successfully for over 35 years in a highly desirable area.   All of the clients are commercial, and are under annual contracts. The customer base consists of medical offices, churches, schools, law offices, banks, and a wide variety of commercial business offices. In addition to the normal cleaning services, the company also offers property preservation services for a number of corporate properties including trash outs, debris removal, lock changes, yard maintenance, and light general repairs.The business has grown steadily over the years with unlimited growth potential due to the increasing population in this growing coastal community.The owner main duties consist of managing the day to day operation of the business ensuring proper inventory of supplies, and managing all office functions.  This is a great business for an individual, husband-wife team, or a family seeking a business that can be grown substantially and with little capital investment.The business has been pre-approved for a SBA loan making it an ideal opportunity for an individual wanting to own there own business. All equipment is included in the sale to continue to operate successfully. The seller is willing to provide training and support to ensure a smooth transition.

Acquisition Highlights

  • Unlimited growth potential due to the increasing population in the Wilmington area.
  • The business operated primarily in the evenings Sunday - Monday
  • great books and records. Very clean tax returns.
  • The business was started in 1980 and has grown steadily over the years.
  • Training Information:  4 weeks
  • This business is home-based
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1980 Inventory:
Employees: 2 FT, 32 PT Furniture, Fixtures & Equipment: $15,000 Included
Real Estate:
    Total Assets Included in Sale: $15,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Ken Puryear
Phone:  (910) 270-2927
Fax:  (910) 270-2928
Other:  (910) 620-1740
E-mail:  ken@vrwil.com
VR Business Brokers - Hampstead, NC
221 Hampstead Village
Hampstead, NC 28423
www.vrwil.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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