(SOLD!) Cleaning Company in CT
Price: $2,650,000
Location: Fairfield County, CT
Industry: Service Businesses
Listing ID: 12012022
Continuous Growth – Commercial and Residential Cleaning Company for 25 years with a stellar reputation in high income neighborhoods. Commercial contracts with schools, churches, office/condo buildings, warehouses, medical offices, and retail stores. Additionally, they offer residential cleaning, construction cleaning, laundry services, window washing, power washing, move-in and move-out cleaning, carpet cleaning. High growth opportunity with 35 dedicated employees. 2 vans included.
2021 Revenues were $1.9M, 823k SDE. As of March 2022, they added additional contracts worth 325k in gross revenues with another large contract of 550k pending they are currently aware of.
This is a family-owned, turn-key business operated out of their home-office and ready for its new owner. Seller is looking to retire.
Listing Details
Gross Revenue: $1,900,000
Cash Flow: $823,000
EBITDA: $823,000
FFE: $50,000 (Included in Price)
Reason For Sale:
Retirement
Training & Support:
Will provide
Operation
Year Established: 1997
Employees: 35
Location
Relocatable?: Yes
Summary
Potential Growth:
Continuous growth year after year. More contracts signed as of 2022!