| Post Construction Cleanup – Scalable w/Fantastic Expansion Potential!

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Post Construction Cleanup – Scalable w/Fantastic Expansion Potential!

This specialty maintenance firm has provided post-construction cleaning services to general contractors (60%-70% of the business), architects and upscale homeowners in the greater Los Angeles area for over 12 years. The company has completed over 2,500 projects to date by utilizing independent contractors that are specialists in their respective arenas that include general cleaning, window washing, power washing and more. Given their history and reputation, the majority of the company’s business is now recurring and referral based, though they do participate in some general marketing and Google pay-per-click ad campaigns. Since their typical end-user is a 4,000 square foot high-end homeowner (with a significant number 10k+ square foot homeowners) doing construction or remodeling, the company finds that they are not particularly susceptible to economic downturns. The firm also engaged in commercial jobs for small to medium rise multi-unit buildings (one with 100 apartment units) as we well as new restaurants, which account for an estimated 5 jobs per annum. The average ticket for a home and window cleaning job is $3,500.

Listed By: Omar Kettani

Background information

Reference:

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Year established:

2009

Reason selling:

Personal

Finance

Sales:

$286,184

EBITDA:

$80,000

Operations

Employees:

Equipment:

Included in asking price $2,000

Premises

Facility:

This highly efficient operation is home-based and does not employ any regular W2 employees. Rather, the company a number of independent contractors with their own specialty companies on an as-needed basis and coordinates them to work in concert with one another. As a result of this set-up, coupled with an offshore sales coordinator, the company has been able to minimize their administrative footprint and expense structure while maximizing their flexibility. The independent contractors manage their own staff, insur

Location:

Los Angeles, CA

Opportunities

Growth:

New management may grow this company in any number of ways. While they may increase their geographic footprint, they may find it worthwhile to continue to go ‘deeper’ with service offering to include additional complementary services that assist their key influencers / decisions makers (contractors) while further enhancing their value proposition. Given the company’s flexible independent contract based set-up, this may include additional lower ticket but value add-based services outside of t

Price and terms

Price:

$135,000

Financing:

Not offered but a small secure carry may be considered

Training:

The seller will train for 2 weeks at 20 hours per week.