Commercial, And Residential Cleaning Service

Undisclosed Address, Danbury, CT 06811
Business Opportunity for Sale
Sale Pending/Contingent
Catylist Listing ID: 30711364
Property Subtypes: Business Services, Professional Services
Status: Pending/Contingent
Building Size (RSF): 400 SF
Sale Price: $225,000
Name of Establishment: Commercial, And Residential Cleaning Service
Year Business Established: 1998
Gross Revenue: $234,453 (Annual)
Cash Flow: $109,425 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Home Based: Yes
Sale Terms: If qualified & with security, the Owner will consider financing with 30% - 50% down and the balance financed over 3 years at +/- 7% interest.
Last Updated: 3/8/2021

Overview / Comments

This is a Commercial Business, And Residential Cleaning Service doing business in the Greater Danbury CT area for over 23 years.

Employees professionally trained and uniformed. Licensed & insured. They do all kinds of cleaning jobs: houses, condos, apartments, offices, retail stores, industrial plants, malls, schools, government offices, healthcare facilities, and restaurants. They also do exterior window cleaning and damage restoration. Any residential or commercial building or operation that can get dirty – they will clean it. Business is a “semi” Absentee Operation.

This business doesn’t cut corners – they clean them. They are available to their customers 24 hours a day, 365 days per year. The residential cleaning is usually done from 6:00 to 4:00 PM. Commercial cleaning begins 5:00 to midnight (or when otherwise contracted).

There are 6 part-time employees plus the husband and wife. The wife supervises the residential crews and the husband the commercial crews. The husband works a full-time job as well.

Revenues were +/- $235,000 in 2020, with owner cash flows +/-$100,000 per year.

The business operates out of their home. No office is needed. Meetings etc. are conducted at the location needing the service. The residential cleaners come to the house, pick up needed supplies and drive to the accounts in company-branded vehicles. The evening crew goes straight to the accounts in their vehicles.

The potential for this business is high. There are over 275,436 housing units and over 31,401 businesses in a 20-mile radius around Danbury. (See more interesting details in the full report). The business operates in this 20-mile ring which includes the towns of Danbury, Brookfield, Bethel, Newtown, Redding, Ridgefield, New Fairfield, Sherman, New Milford, and the border towns of Westchester & Putnam counties of NY.

The price of this business includes all the necessary cleaning equipment & supplies currently being used and a 2015 Ford Transit Van wrapped with the company logo.

The Owner had and still has a full-time job when he started this business. It grew and grew – now has no time for anything but work. Recently promoted in his full-time job and now just doesn’t have the time to run the cleaning business like it should be run. Has decided to sell the business and make his life simpler and give his family and himself more time away from work.

If qualified and secured Owner will consider some financing. Will do training for up to a month. Would also consider a part-time management/supervisory position.

Interested buyers MUST sign our Confidentiality Agreement and fill out the Questionnaire before any additional information is received or a meeting is scheduled to view the business, or the location disclosed. Forms are available at this Listing, on our website, (from the link in front of the pictures), or can be e-Mailed to you upon request.

Please read the disclosures and procedures in the Disclosure form you will be signing. It has details on how we might proceed…

This information is here to help you. It is believed reliable. It has been compiled from the Owner(s), management, and various other sources, all of which may or may not be completely accurate. It is subject to errors, omissions, and change without notice. No representations are being made. Verify important details before reliance or dependence.

Additional Details

Industry Segment: Commercial Cleaning and Janitorial
Reason for Selling: Other Interests - see above notes
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Employee/Labor Description: 6 part-timers plus owners
Mgmt/Training Support Description: Owner will train for at least 30 days. Would consider a part-time supervisory position
Seller Financing Description: If qualified & with security, the Owner will consider financing with 30% - 50% down and the balance financed over 3 years at +/- 7% interest.

Contact

Photograph of Listing Agent

C. J. (Charlie) Vlahos

Blanket Real Estate CTCList Member
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