Saturday, June 24, 2017

Established Janitorial Service 16 Years in Business
(Services; Services, Janitorial Services)

Columbus - Ohio, Franklin

Seller Financing: Yes
Lender Pre-Qualified:
Listing ID: 80733
Office ID:
Status: Active

Listing Details

Listed Price: $65,000
Down Payment:
Total Sales: $127,616
SDE: $65,250
EBIT:
EBITDA:
FFE: Included?
Real Estate: Included?
Inventory: $2,500 Included? Yes
A/R: Included?
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Contact Information
Bob Bruff
Jim Tharp Realty
Columbus 43235
Cell: 614 595-5932
Fax: 614 890-3941
Office: 740 965-1981
Email: bbruff@jimtharprealty.com
www.jimtharprealty.com
Send Email To Agent
Reason for Sale:
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Owner/Operator elects to dedicate more time to raising a young family.
Training:
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Seller provides 3 weeks training in Columbus area.
Financing Terms:
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Seller Financing Negotiable to Qualified Buyer with Cash Downpayment of 75%-80%.

Operations

Year Established: 2000
Last Acquired: 2000
Form of Ownership: Corporation
Home Based: Yes
Relocatable:
Type of Location:
Absentee Owner: No
Online:
Employees: Full Time: 1 / Part Time: 3
Managers:
Hours:
Owner Hours:
Non-Owner Payroll:
Franchise Info: Independent not a franchise.

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage:
Facilities:
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Home Based business.

Summary

Business Description:
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Ideal business for an owner/operator with an orientation toward customer service and local promotion orientation. The current owner is minimally involved in the business, with established hourly employees performing most of the daily services. A new owner will benefit from great reputation equity generated over sixteen (16) years of successful operation, with ample growth opportunity through personal involvement and local promotion. The current customer base is loyal and in place for years. Past performance demonstrates potential sales improvement through local owner/operator promotion and commitment to service.

One of the owner/operators started a family in 2007, when the company employed as many as 150 employees and serviced a local department store chain. Family obligations associated with raising young children curtailed large-scale operations, reducing the business to its present size. A new Owner/Operator will transition smoothly into the daily operation, supported and guided by the current owner/operator until the new owner is ready to assume all responsibilities. Strong management coupled with a customer oriented personality will realize the full potential of this business.

This business started sixteen years ago, and is well established, with a strong reputation for excellent janitorial service.


Business Advantages:

-No lease liability or obligations.
-Ample opportunity for growth, built on a loyal customer base.
-A relatively low-stress working environment.
-Steady cash flow, with limited operational controls required.
-Built in flexibility to engage in other business activities/employment.
-Low maintenance requirements.
-Clean, simple operation with limited hours of operation.
-The Owner/operator makes the business what he/she wants it to be.
-OWNER ONLY WORKS 20 hours Per Week
Historical Summary:
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2016 Sales 127,616 Profit $65,250 Owner Less Active Only works 20 hrs week.
2015 Sales $132,073 Profit $51,882
2014 Sales $124,691 Profit $80,744
2013 Sales $125,248 Profit $72,207

Owner Qualifications:
Competition:
Potential Growth:
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Growth opportunity seller does minimal marketing.

 

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