Buyer BLI12322 Walmer Street

Shawnee Mission, Kansas 66209(913) 207-2770

Listing #: Title: 25 Yr. Old Service Business - Stable & Scalable

SIC Code: 7349 Category: Cleaning / Janitorial Service

County: Confidential City: Confidential Zip/Postal Code:

Confidential

State/Prov: Missouri Country: United States

Contact Information

Chris Kerth

Business Intermediary

Office: (913) 207-2770Cell: (913) 207-2770Fax: N/AEmail: c.kerth@murphybusiness.com-

Status Pending

Listed Price $2,350,000

Down Payment $2,350,000

Discretionary Earnings $555,618

Revenue $4,637,367

Total Assets Included $100,737

Real Estate Included inPrice

-

Business Description

25 years of successful history providing services in three of the largest metropolitanmarkets in the US. A substantial investment has been made in the corporate team ofemployees who manage operations and oversee daily operations. A bulk of the revenue ismade up of reoccurring, contracted income. This opportunity is prime for growth. Theseller has many years of experience in the industry and wants to share this knowledgewith a new energetic owner.

Facilities/Location/Real Estate

This business is currently operated remotely and could be relocated anywhere in theUS. The current owner spends approximately 40 hours per week in the business andmakes monthly visits to on site operations. The staff is experienced and works wellindependently with minimal involvement by the owner.

Historical Financial Summary

Data Source Annualized Tax Return Tax Return Tax Return (N)Year (Cash Flow) 2016 2015 2014 2013Gross Revenue $4,637,367 $4,273,190 $4,854,352 $4,861,173 $0Cost of Goods $2,958,863 $2,739,066 $3,025,174 $3,288,891 $0Gross Profit $1,678,504 $1,534,124 $1,829,178 $1,572,282 $0Expenses $1,360,145 $1,541,673 $1,536,375 $1,571,564 $0Net $318,359 $-7,549 $292,803 $718 $0Benefits $0 $13,748 $21,528 $61,993 $0Interest Expense $541 $346 $375 $1,720 $0Depreciation $0 $21,478 $22,730 $22,750 $0Amortization $0 $6,222 $10,667 $10,667 $0Total Add Backs $237,259 $261,675 $270,124 $276,207 $0Owner Benefit $555,618 $254,126 $562,927 $276,925 $0

Reason For Sale

The owner is preparing to retire.

Products, Services & Licenses

Revenue is generated through regular, scheduled residual income which provides a steady stream of cash flow. One full-time operator can manage theexperienced staff in place. Good people skills and management experience is needed to operate this business. The personnel in place allows theoperator much schedule flexibility. The Seller has maintained a 9 to 5, Monday through Friday schedule.

Operations Location

Year Established 1981 Type of Location Commercial

Year Owned 1981 Square Footage - Form of Ownership Corp Sub S Lease/Month $0 Lease Expires -Absentee Owner No Terms & Options This business has 3

operating locations + amanaging facility for a total of4 leases. Details included inthe confidentialmemorandum.

Hours Owner Works 40 Relocatable YesDays & Hours Monday-Friday 9am-5pm Home Based NoNumber of Employees 14 ft 14 pt Franchise NoManagers 4

Assets/Liabilities Amount Included in Sale Amount Included in SaleAccountsReceivable

$ - Real Estate $ -

Inventory $3,000 Yes Liabilities $ -F F & E $96,644 Yes Other $10,345 -Leasehold $1,093 Yes Total Assets $100,737

Assets/Liabilities Comments

The value of this business is in its cash flow and existing relationships. Operations can be grown with minimal additional capital investment.

Financing/Terms Lender Prequalified: No Assumable Notes Amount: $0 Mos: 0 Rate: 0.00% Mo. Pmt: $0Seller Financing - Business Amount: $0 Mos: 0 Rate: 0.00% Mo. Pmt: $0Third Party Financing Amount: $0 Mos: 0 Rate: 0.00% Mo. Pmt: $0Seller Financing - RealEstate

Amount: $0 Mos: 0 Rate: 0.00% Mo. Pmt: $0

Financing Comments

Seller will finance a portion for Lender requirements.

Non Compete - miles 3 years

Training & Support 6 weeks 0 costs

Competition

The demand for this service is stable and a necessity regardless of economic conditions. Add on services to the existing services would be one avenuefor growth. Servicing a niche market that is typically under served and using a business model that is unique to the industry are what set this operationapart from the competition.

Potential for Growth

This business model is very scalable which makes for easy growth into additional markets. Current revenues have been driven by the duplication ofproven processes and systems. This is not a franchise but a new owner may choose to grow through franchising.

Detail Income Statement Add Backs

Data Source Annualized Tax Return Tax Return Tax Return (N)Year (Cash Flow) 2016 2015 2014 2013Revenue Revenue $0 $0 $14,307 $11,802 $0 Cost of Goods Sold Expenses Compensation of Officers $201,048 $201,048 $190,946 $180,480 $0 Rents $13,400 $13,400 $13,400 $13,400 $0 Taxes & Licenses $7,579 $7,579 $6,821 $6,036 $0 Interest $541 $346 $375 $1,720 $0 Depreciation $0 $21,478 $22,730 $22,750 $0 Amortization $0 $6,222 $10,667 $10,667 $0 Liability Insurance $10,894 $8,547 $8,478 $8,403 $0 Telephone $2,400 $2,400 $2,400 $2,400 $0 Moving $1,397 $655 $0 $0 $0 Court Settlement $0 $0 $0 $1,473 $0 Reorganization $0 $0 $0 $17,076 $0 Total Add Backs $237,259 $261,675 $270,124 $276,207 $0

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