Business Summary:
Owner is looking to sell this long established Window Cleaning business to hands on operator. Customer billing, collections, record keeping and the payment of reportable sales taxes are all part of the Sellers responsibility. As a “sub-contractor”, you earn 50% of the gross billing (sales tax not included); 45% is paid to you weekly; 5% is held in escrow (in trust) for you until the contract matures. At maturity, that 5%, with compounding interest at bank CD rates, plus all those customers, you have serviced during the contract period are yours (refer to Contract for details). Consider the 5% a growing savings account earning interest. Simply, the Contract is for whatever period of time is required for you to complete $250,000 of Gross Billed and Collected Service. For further information please contact Douglas Bodner at 908-851-9040 Ext. 204.
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