Location: Albuquerque, New Mexico
Summary Description
Profitable Commercial Cleaning Franchise is now available for purchase. The 18+ year old, established company provides Janitorial and Cleaning services to businesses throughout Albuquerque. The company has above market profit margins and represents a tremendous opportunity for the person who wants to walk into steady and predictable cash flow. The company had total revenues of approximately $346,500 in 2008, $340,000 in 2007, $294,000 in 2006, and $326,525 in 2005. The seller had discretionary cash flow of approximately $168,000 in 2008. The business comes complete with all the equipment and vehicles necessary to provide services from day 1. The client load continues to be strong and well diversified, despite the economic slowdown.
Financial Information
Asking: $450,000
Gross: $346,500
Cash Flow: $168,000
Furniture, Fixtures & Equipment: $52,817
Financing:Possible financing exists for up to 80% of the purchase price.
General Information
Facilities:The company is currently housed in a centrally located 2,856 square foot office/warehouse. The lease on the facility runs through December 31, 2009. The new owner may be able to negotiate a new lease.
Competition:While there is competition in this field, the company has thrived by providing excellent customer service. The company is well respect and provides a superior service to its competitors. The many national awards that the company has earned are testament to the service provided.
Growth and Expansion:The new owner can grow the business by offering services to an expanded geographic area and/or offering services to additional customers. One whole aspect of the business has not been fully utilized by the current owner, representing a huge opportunity for growth by the new owner.
Support/Training:The owner will provide transition support to the new owner.
Reason Selling: Owner wishes to retire.
Year Established: 1990
Employees: 9
