kc janitorial
TRANSCRIPT
Buyer BLI12322 Walmer Street
Shawnee Mission, Kansas 66209(913) 207-2770
Listing #: Title: Janitorial Co Very Established KC Area
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: -Email: [email protected]
Status Prospect
Listed Price $137,000
Down Payment $137,000
Discretionary Earnings $99,392
Revenue $340,933
Total Assets Included $10,300
Real Estate Included inPrice
No
Business Description
Established KC janitorial company. Great opportunity as a stand alone business or inaddition to a existing business. Many of the nonunion accounts have been in place fordecades. Normal daily commercial cleaning services are completed by employees. Allemployees are well trained and the majority of have been with the company for years.This reliable staff minimizes the owners direct involvement in providing the service.Employees work part time and have their assignments completed within 2 to 4 hours.Services are completed by 9:30 pm each evening which allows the supervisor areasonable schedule.
Facilities/Location/Real Estate
This business could be operated from a commercial setting, virtual office or from a homeoffice. Minimal inventory is kept on hand and equipment is stored at each job site.
Historical Financial Summary
Data Source Part Year Tax Return Tax Return Tax Return (N)Year (Cash Flow) 2016 2015 2014 2013 0Gross Revenue $340,933 $359,241 $359,319 $394,045 $0Cost of Goods $7,366 $19,412 $27,640 $18,270 $0Gross Profit $333,567 $339,829 $331,679 $375,775 $0Expenses $285,850 $339,461 $340,506 $373,473 $0Net $47,717 $368 $-8,827 $2,302 $0Benefits $6,132 $2,814 $4,752 $4,749 $0Interest Expense $7 $0 $16 $0 $0Total Add Backs $51,675 $53,660 $82,588 $83,860 $0Owner Benefit $99,392 $54,028 $73,761 $86,162 $0
Reason For Sale
The owner is retiring
Products, Services & Licenses
A security bond is in place which is required for most commercial cleaning jobs. The $5,333 bond deposit is negotiable depending on the buyers needs.
Operations Location
Year Established - Type of Location Commercial
Year Owned - Square Footage - Form of Ownership Corp Sub S Lease/Month $0 Lease Expires -Absentee Owner No Terms & Options -Hours Owner Works 40 Relocatable YesDays & Hours Flexible Home Based NoNumber of Employees 2 ft 25 pt Franchise NoManagers 4
Assets/Liabilities Amount Included in Sale Amount Included in SaleAccountsReceivable
$31,592 No Real Estate $ No
Inventory $4,000 Yes Liabilities $11,082 NoF F & E $6,300 Yes Other $9,013 -Leasehold $ - Total Assets $10,300
Assets/Liabilities Comments
The company's most valuable assets are in its established customer base and reliable staff.
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 financing available to qualified buyers.
Non Compete 200 miles 3 years
Training & Support 2 weeks 0 costs
Competition
The owner has a great reputation in the industry and has established a solid customer base. Growth has not been the focus. Jobs are turned down ifthey don't fit the mold which creates opportunity for a new owner.
Potential for Growth
This stable opportunity puts a new, energetic owner in a great situation for continued success and growth.
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