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Follow on Google News | Attention: Sun Acquisitions has been engaged to sell a Chicago Janitorial Services FirmChicago janitorial services firm has engaged Sun Acquisitions to manage the sale of the business. Sun Acquisition is a premier mergers and acquisitions firm helping companies to confidentially buy, grow, and sell their businesses.
By: Sun Acquisitions Address: 8735 W. Higgins Road, Suite 160, Chicago, IL 60631 Phone: 773-243-1603 Email:jwhitehurst@ URL: www.sunacquisitions.com Chicago, Illinois Domenic Rinaldi, Managing Director, engaged to sell a Chicago-based Janitorial Services Firm Sun Acquisitions (www.sunacquisitions.com) The janitorial services industry generates $52bn in annual revenue and the Chicago market is ripe with opportunities for these types of services. This Company outperforms the market with an 18% profit margin compared to the industry’s average profit margin at 5%. The industry’s largest operator is ABM Industries. ABM holds a 5% share of the market indicating that there is ample room for competition. This Company has been established for eleven years. It has service contracts with educational facilities, manufacturing facilities, and medical facilities. There is very little residential work and most revenue recurs from year to year. The Company has employees who have been with the Company for up to ten years and manage the day to day operations. “We are pleased our firm was chosen to manage this engagement,” For more information please contact Domenic Rinaldi at 773-243-1603 About Domenic Rinaldi Domenic Rinaldi is the President and Managing Partner of Sunbelt Chicago. He was awarded the professional designation of Certified Business Intermediary from the International Business Brokers Association and is considered an expert in the field of business brokerage. He is a seasoned executive who brings over 24 years of proven experience in merger/acquisition, sales, service, marketing and operations to the business brokerage arena. Domenic is recognized by colleagues and associates as a leader with determination and integrity. He has helped countless business owners develop, execute and maximize their exit strategies. Personally, he has served on the boards of several non-profit organizations and started a citywide program serving under-privileged school children. About Sun Acquisitions Sun Acquisitions provides mergers and acquisition services to clients interested in the confidential sale, acquisition or valuation of privately held mid-market companies. We have successfully managed and handled engagements across all industries and are recognized as a leading advisory firm in the Midwest. www.sunacquisitions.com End
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