Established Cleaning Service in Newark, NJ with $140K Cash Flow and VIP Accounts
Financial Details
- Asking Price:
- $420,000
- Annual Revenue:
- $180,000
- Cash Flow / SDE:
- $140,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 3.0x
- Location:
- Newark, NJ, US
- Source:
- Date:
- September 18, 2025
Key Highlights
Description
This is a well-established cleaning service business operating in Newark, New Jersey, with 9 years of continuous operation since 2016. The business boasts a strong financial performance, generating $140,000 in cash flow (SDE) on $180,000 in gross revenue, with a healthy 78% SDE margin. It serves the Newark market and benefits from its strategic location near Newark Liberty International Airport (EWR), with market growth anticipated due to major events like the FIFA World Cup. The business includes Furniture, Fixtures & Equipment (FFE) valued at $10,000 and $3,000 in inventory, though inventory is not included in the asking price. It has a recurring revenue model with an established customer base and valuable VIP client accounts. The team consists of 60 employees (40 full-time, 20 part-time). The owner is retiring and offers a transition period of 10-20 days, including introductions to clients and crew. Seller financing is available. This presents a turnkey opportunity for an entrepreneur seeking a stable, profitable business with expansion potential in the commercial cleaning sector.
Industry Information
- Industry Description:
- Cleaning Service
- Classification:
- Service Businesses
Operational Snapshot
- Year Established:
- 2016
- Employees:
- 60
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Not_disclosed
Assets & Inventory
- FF&E Value:
- $10,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $3,000 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Enrique Zambrano
Listing Details
- Listing ID:
- d2716e92-8206-4f4e-bbd0-4d8b32edc54d
- Source Listing ID:
- 2414168
- Deal Status:
- For Sale
- Last Updated:
- September 18, 2025
- Currency:
- USD