Business Description
For Sale is a 29-year-old janitorial and commercial construction cleaning business that provides cleaning, facility maintenance, and general laborers to general contractors and project managers throughout Michigan. They dominate the local market and have become one of Michigan’s largest cleaning, flooring maintenance, and facility maintenance companies.
In addition, Michigan just approved a $1Billion school bond proposal for construction, creating a demand for general labor and construction cleanup. The business has over 200 client accounts, with 70% recurring.
Revenue comprises 70% new construction cleaning and general labor and 60% office cleaning/all other services. They have displayed consistent growth, with a slight dip in SDE in 2021 due to the pandemic, where many facilities were temporarily closed.
The owner will exit to focus on other business ventures and has a staff of 37 who they are confident will stay with the business post-sale. They have a Vice President trained to run daily operations and willing to negotiate staying on. A new owner will need excellent organizational and people skills.
| 2020 | 2021 | 2022 | |
| Revenue | $1,135,191 | $ 1,672,781 | $ 2,027,336 |
| SDE | $ 362,050 | $ 313,718 | $ 392,705 |