Owner Financing is Available!
Business Overview:
Available for acquisition is a large-scale, independently-owned commercial cleaning business specializing exclusively in apartment turnover and common area cleaning for large apartment complexes throughout Southeast Michigan. Although the business is young, it’s already recognized as the leading provider of cleaning services in this very niche market.
There are approximately 40 part time employees, 2 operations managers, 2 field supervisors and an office manager handling day to day activities. All employees are provided with uniforms, equipment, and supplies, but use their own vehicles to get to/from the job sites. There is no significant equipment involved in this business and it could be run from anywhere within the service area.
Partners have never done any actual cleaning, and their own role in the company has become pretty hands-off as the operations managers have direct responsibility for day to day operations. Unlike most contractor businesses, the business is not dependent on relationships between the owner and the customers. The company is well organized with very detailed records. Professional website, marketing materials, clients’ database, all equipment and inventory are included with the sale.
This would be a great business for a number of different owner types, both hands-off and hands-on. Perfect for a family, someone with sales and marketing skills or anyone with a general business background. Very easy business to learn quickly. This business is priced aggressively at just above 1.5 times cash flow and will sell quickly! This is an excellent return on investment! More information will be provided with signed Non-Disclosure agreement. All buyers must show financial capability!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Business leases 1,180 square feet suite at $500 per month for the corporate office on a month to month basis. There is also a 480 square feet satellite office in place at $320 per month due to expire in January 2012.
Market Competition and Expansion:
This is a very niche service provider with little competition from established companies. Most competitors are "mom and pop" operations that cannot offer the professional image, man-power, organization, flexibility and responsiveness that this business offers as a large company. Additionally, there's huge demand for this service and the market is massive. In the Detroit Metro Area alone, there are currently 255,000 apartment units, roughly 50% of which require turnover cleaning each year.
For a hands-on owner with active involvement in day-to-day operations, this business could produce substantially more profit from existing sales. For a growth-minded, executive-type owner, this unique business could rapidly transition into a large, branch based operation with offices throughout the state. Since inception, revenues have continually grown even with very little marketing effort.
Reason for Selling:
Other business venture
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: