Janitorial and Landscape Services
About this business for saleJanitorial and Landscape Services
Commercial Janitorial and Landscaping Services Company needs to merge with similar company! Based in Torrance, the company has been serving the greater Los Angeles County area for 8 years. It recently lost 2 large accounts that represent 50% on May 1st of its billing so it must move quickly. The remaining client base represents over $650,000 annual billing and is disbursed over 30 clients with no individual dominance. All clients have annual contracts with 30 day cancellation clauses. Landscaping represents about 25% of the sales. Although the company is viable and could recover on a profitable basis, the Seller is worn out and has decided to sell immediately. Seller is not mentally up to the task of rebuilding the company even though it has much potential and good clients. Because of the vacuum created by losing two large clients, the company requires quick restructuring. This is a tremendous opportunity for an existing company to acquire a quality book of business for less than the cost of a salesman who would probably take years to produce this volume. Most of the employees are formally employed by the company and are part time with full time crew leaders. Act fast for this unique situation. For more information, please contact Roger Civalleri at 310-539-8300.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.