Profile: Commercial Janitorial, B2b, Recession Proof, Perfect Books.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$669,000 |
| Down Payment: |
$400,000 |
| Annual Revenue: |
$1,629,600 |
| Annual Adjusted Net: |
$247,628 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Well Run, Very Clean Business, Very Clean Books And Records. The Numbers Are All Based On Taxes. Meals, Travel And Entertainment Don’t Even Show As An Expense. There Are 2 Owners, One Works About 20 Hours Per Week And Acts As The Ceo While The Other Owner Is A Full Time Presence But Has Little Day- To-Day Responsibility. They Only Handle Commercial And Light Industrial Accounts. (No Residential, High-Rises, Restaurants, Beauty Shops, Etc.). Two Field Supervisors Both Are Given Autos. One Sales Rep With A 48K Base Plus Car And Commission. Located In Prime Real Estate, Which Is Not Necessary. Could Be Easily Relocated When The Lease Expires. Could Be Easily Grown From Its Current Well-Established Base.
Marketing Summary: They Don’t Have A Web Site And They Don’t Use The Yellow Pages. They Employ NE Sales Representative Who Is Paid 48K Base, Plus Commission, Plus Auto.
Company Strengths: Runs Without Much Input From Owners. Systems In Place To Grow With New Ownership And Energy.
Hours & Staffing: Office Is Open 5 Days Per Week.
Area And Facilities: First Class Offices In Modern Tilt Up Near The Freeways In Central Orange County. Leasing More Space Than Is Necessary And Located In Higher Class Space Than Required.
Company History: Mr Owner, One Of The Current 2 Owners, Started The Business In 1978. Mr Owner's Wife Joined Him In 1980. She Acts As The Ceo Today And Works About 20 Hours Per Week. They Worked To Grow The Business Until About 2001. At One Time They Did A Lot Of Governmental/Military Work. They Stopped Bidding This Type Work In 2001. When They Stopped The Military/Governmental Effort They Slowed Down And Have Babysat The Business For The Last 7 Years. Their Children Are Successful Professionals With No Interest In The Business.
Financial Summary: Very Good Books And Records, All Numbers Based On Taxes.
Recession Resistant Business If Not Recession Proof. A Real Plus Today.
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