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Laguna Hills, Orange County, California
Asking Price
$290,000
Revenue
$360,000
Down
$140,000
Cash Flow
$180,000
Name: Joey Kim
Phone: Show phone number
Name
Joey Kim
Phone
Show phone number
Year Established:
2020
Employees:
3
Reason for sale:
Retirement
Support & Training:
2 weeks training after closing of escrow
Lease Terms:
4 years plus 5 years option
Posting ID:
9090477
Business Category:
Service
Business Types:
Cleaning Service
Alterations & Tailoring Service
Attributes:
Owner/Seller Financing
Training And Support
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Seize this unique opportunity to acquire a thriving cleaning and alterations service business, nestled in the heart of Laguna Hills, California. Generating an impressive annual revenue of $360,000, and boasting a net income of $15,000 monthly, this business has demonstrated consistent profitability. The business is positioned to provide a potential buyer with an immediate revenue stream and solid cash flow of $180,000 annually. Strategically located, this business benefits from its visibility and the steady footfall of the bustling city. The current lease term is for 4 years, with a 5-year option, offering stability and long-term presence in a prime location. The business operates with the assistance of three dedicated employees, who contribute to the monthly sales of $30,000. The asking price of $290,000 for this business includes a comprehensive 60 lb Hydro carbon plant and 1,150 hangers, making it a turnkey operation. Furthermore, the business comes with the added advantage of owner-seller financing and two weeks of training post-closing, ensuring a smooth transition. The current owner is selling due to retirement, making this a rare opportunity to acquire a proven and profitable business. The business operates from a rented facility with a low monthly rent of $2,980, which significantly contributes to the high net profits. Don't miss this rare chance to own a profitable service business in Laguna Hills. Contact the broker today at +2132551478 or email bestjoeykim@gmail.com

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NorCal Kitchen Exhaust & Commercial Restaurant Hood Cleaning Company- Absentee Owned! - SC2223 Financial Information Asking Price: $399,000 Cash Flow: $90,000 Gross Revenue: $375,000 Down Payment: $299,250 Financing: Yes This kitchen exhaust and commercial restaurant hood cleaning company is a Northern California Sub-Chapter S Corporation and has been in operation for the past 16 years under the ownership of its founder. This business boasts a large amount of repeat customers across Northern California, that are on cleaning rotations that vary from monthly to annually. The provide professional services to remove grease, oil, and other pollutants from commercial kitchen exhaust systems, ensuring fire safety, proper ventilation, and compliance with health codes. This involves cleaning hoods, ducts, fans, and filters, a process that is mandated by regulators and essential for maintaining safe and hygienic cooking environments. There are about 600 clients. Their coverage area is from Bay Area to South Lake Tahoe. They do possess a hood cleaning certification, which can be obtained by taking a one-week hands on training course and a test, but you could also just take the test online. The kitchen exhaust cleaning services market is experiencing robust growth, driven by stringent health and safety regulations, increasing awareness of fire hazards associated with grease buildup, and a rising demand for commercial kitchen hygiene across diverse sectors. The market's expansion is fueled by the escalating adoption of commercial kitchens in the food service industry, including restaurants, hotels, and institutional catering. Furthermore, the increasing prevalence of kitchen exhaust systems in residential settings, particularly in upscale homes, is contributing to market growth. Segmentation reveals a significant portion of the market dedicated to commercial buildings, indicating a strong reliance on professional cleaning services to comply with regulatory requirements and maintain operational efficiency. Regular cleaning contracts represent a larger market share than one-time services, suggesting a growing preference for preventative maintenance and ongoing hygiene management. While precise market sizing is unavailable, considering a global CAGR and the presence of numerous regional and national players, it's reasonable to project a substantial market value. Business Location City: Northern California State: California Financing Comments Seller financing may be available for a non-SBA Buyer, with amount and terms of financing dependent on the offered purchase price and quality of the Buyer. Reason for Sale The Seller is selling to pursue other interests. Detailed information Year Established: 2010 Home Based: No Franchise: No Relocatable: Yes Lender Prequalified: No SBA Prequalified: No Full-Time Employees: 3 Part-Time Employees: N/A Contractors: N/A Owner Worked Hours/w: 3 Adjusted EBITDA: $78,113 Inventory Included: No Inventory Value: N/A Monthly Rent: N/A Real Estate Available: No Real Estate Included: No Real Estate Value: N/A FF&E Included?: Yes FF&E Value: $50,000 Training/Support The Seller is willing to provide training at 20 hours per week for 2 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner. Market Outlook/Competition Assuming a moderate CAGR of 5% and a 2025 market value of $2 Billion, a 2033 market size of roughly $2.65 Billion is a plausible estimation. This growth, however, is likely to be impacted by economic fluctuations and the potential for technological advancements that may alter cleaning methods and service demands. CA 02282967 NV B.1003039.LLC NV BUSB.0007191
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