(IN LOI) 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!