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Successful Hotel / Convention Cleaning Business
Location: United States -> California -> Southern California - San Diego Area -> San Diego
Industry: Business Services > Commercial Cleaning




Business Summary

This San Diego-based cleaning and maintenance business has consistently exceeded the expectations of some of Southern California's biggest and most iconic hotels and gathering halls for over twenty years. This business enjoys a sterling reputation in the marketplace thanks to the efforts of its current owner/operator.

In its current state it can handle the vast majority of the hotel/convention industry's maintenance needs, including replacing flooring/carpeting, floor and carpet cleaning, as well as furniture cleaning, . It does so using machinery that no one in the area uses, giving it a competitive advantage and turning jobs over more quickly. This efficiency benefits the customer as well as the operator, as he is able to move on to the next job more quickly.

The business is turnkey; all equipment and trained staff is in place. The owner can be available as a consultant should the buyer exercise this option.

The next owner would be able to further improve the sales figures by having a committed approach to securing new accounts.

Owner/Operator is retiring.

NOI averaged over the last three years is $103,000+


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $497,220
Cash Flow:   $103,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1999
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Owner available as consultant
Reason For Selling:  Retirement




Print Listing Id: 700340294
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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