Commercial Cleaning Buisiness With Negotiable Down Payment

Listing Number: 45783-232070

Description

This busines is a well-established commercial cleaning and janitorial business in North and Central New Jersey. The company services com-mercial accounts in a wide range of industries, including medical clinics, commercial offices, schools, municipalities and retail.
The company was founded in 2018. The founder is seeking to transfer ownership to focus on other sizeable business interests that are demanding more of his time.
The administrative functions are currently located in Redbank, NJ; however, the business can be operated remotely, since all equipment and supplies are located at client sites and staff travel directly to client sites in their own vehicles.
Allbrite has established a reputation for high quality, reliable service with its clients. The company has a stable workforce of three part-time employees and 15 contractors (1099) who have been with the company for more than five years.
The founder has been an “absentee owner”. A business manager has been overseeing the company with mixed results. Allbrite lost a major client, representing almost half of the company’s annual revenue, in 2022. The client base has been stable since then; most customers have been with the company for 4-5 years.
The business provides a solid foundation for a new owner who wants to enter the commercial janitorial business in New Jersey by acquiring and scaling a well-established company with accounts, staff and processes already in place. It is also perfect for a rollup into a larger cleaning company.

Listing Details

• Price: $295,000
• Down Payment: --
• Sellers Discretionary Earnings: $121,602
• Total Sales: $379,704
• Location: Monmouth County, New Jersey


• Inventory: $0
• FF&E: $0
• Employees: 12
• Reason for Selling: Large other Business Interests
• Category: Cleaning