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Knoxville, TN

  • Listing No.: 133-20560

  • Category: Janitorial/Cleaning

Asking Price $145,000
Down Payment $72,500
Gross Revenue $405,129
Total Adjusted Net Income $41,064
Equipment / Fixtures $100,000
Year Established 2010
General Location Knoxville, TN
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Business to business restaurant hood/ventilation cleaning service.  There is a large demand for kitchen exhaust system cleaning to keep up with health and safety codes.  The business comes with $100K in equipment and currently has 5 employees (not including the owner who only works part time).  The business has been operating since 2010.  They did see some slowing during 2019 from employee issues and in 2020 from COVID, but are positioned to bounce back in 2021 now that restrictions are starting to ease.  Average if 2018 and 2019 numbers are advertised.  Owner will consider 50% seller carry note over 24 months for qualified buyer.

Gross Revenue $405,129 Listed Price $145,000
Total Income $41,064 Down Payment $72,500
Inventory $500 Leasehold Improvements $0
Equipment / Fixtures $100,000 Other Assets
Full-Time Employees 1 Training Period Negotiable
Part-Time Employees 4 Special License Required
Contract Staff Reason for Selling Other Business Interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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