Profile No. CD-0904, Kitchen Exhaust and Equipment Cleaning
| Profile No. CD-0904 |
Kitchen Exhaust and Equipment Cleaning |
| NAICS or Sic Code: 561790 |
Industry: Other Services to Buildings and Dwellings |
| Gross Sales: $511,828 | Sellers Discretionary Earnings: $154,214 |
| Value of Assets Included: $20,000 |
Inventory Included: |
| Asking Price: $566,000 |
Absentee Operated |
National Business Brokers businesses for sale
This solid, well established Absentee owned company specializes in cleaning kitchen exhaust systems (hoods, ducts, fans, and filters) for major chain restaurants statewide in Colorado. 70% of their business is repeat, as restaurants are required to have their exhaust systems cleaned every 3 to 6 months as this company deems is necessary. This is Federally mandated and they are licensed for Government Procurement contracts with Federal Prisons and the military bases.
A new Absentee owner would see a 27.5% return on their investment based on 2022 numbers. The current owner believes the business could double its revenues relatively easy. The current office staff could handle the increased volume without being increased and the real requirement would be an increase in vehicles and cleaning equipment and work staff. Marketing should increase sales and with a 70% repeat business it would not take a tremendous amount of new accounts to double volume.
