NE Ohio Cleaning Co. | $1.1M Revenue | $50K Seller Note
Listing Number: 60364-908122
Listing Details
- Down Payment: $280,000
- Sales: $1,068,441
- Seller's Discretionary Earnings: $70,476
- Inventory: $0
- Furniture, Fixtures, and Equipment: $75,000
- Rent: $144
- Employees: 40
- Year Established: 1999
- Reason for Selling: Portfolio Simplification and Other Business Ventures
Business Description
This is a well-established commercial facility services company generating approximately $1.1 million in annual revenue, nearly 85% of it recurring. The company provides nightly and recurring janitorial service, floor care, carpet extraction, touch-free restroom cleaning, post-construction cleanup, and specialty project work to roughly 30 commercial customer relationships spanning office, industrial, education, healthcare, property management, museum/venue, and construction-related accounts throughout Northeast Ohio.
New: seller financing now included. The seller is offering a $50,000 note at 6.75% toward the $330,000 purchase price, reducing the cash required at close to $280,000. This is a meaningful advantage for buyers pursuing SBA or conventional financing, and it signals the seller’s own confidence in the business’s recurring revenue base and forward cash flow.
A three-person management team — built entirely through internal promotion — runs payroll, invoicing, hiring, scheduling, inspections, training, and day-to-day field operations. The current owner is not required on-site and spends approximately 10 hours per week on strategic oversight, making this a genuinely turnkey opportunity rather than an owner-operator grind.
The company owns its equipment and service fleet outright, holds Avetta approval, and has posted zero OSHA recordable incidents during its required reporting period — credentials that open the door to larger commercial and industrial contracts many smaller competitors cannot qualify for.
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