Turnkey & Profitable Cleaning Biz, Easy to Grow

Fort Worth, TX
Tarrant County

Asking Price: Annual Revenue:
$105,000 $143,268

Services: Cleaning

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RE: Turnkey & Profitable Cleaning Biz, Easy to Grow Broker: William Powell

Quick Facts

Asking Price: $105,000
Annual Revenue: $143,268
Net Profit: Not Disclosed
Cash Flow: $68,170
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 3
BBN Listing #: 450250429
Broker Reference #: 52941-135663

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Business Overview:

2 Year Old Residential Home Cleaning Service Company with a
high-profit margin, expandable model, and over 80 percent recurring revenue.

This house cleaning business was started by the seller in 2018 and has grown from 0 to $150,000 in revenue in just 2 years. The clientele is 75% percent residential and the remaining 25% from commercial cleanings. They do regular house/business cleanings; move-in/out cleanings, post-construction cleanings, and deep cleanings.

The trailing 12-month revenues through July 31, 2020, were $150,000, with earnings of $61,000. COVID-19 only slowed their growth in mid-March to mid-May and is now steadily increasing again putting up bigger numbers per month than the same months in 2019. They believe they could have easily been closer to $240,000 in revenues and $95,000 in earnings without COVID-19. The owner works 40 hours a week doing office work and cleans only when needed.

They rarely lose a customer and have over 80% recurring revenues as a result which is very valuable. They provide the vacuums, safe and green chemicals, and on-time service.

All employees are W-2 employees and not subs. They pay their employees 13 to 15 per hour and charge between 37 to 50 per hour which is why they are so profitable. They have a 2-hour minimum charge for each cleaning.

This business is a great buy based on the following: Easy model to learn and grow, 80 percent recurring revenues, low cost of capitalization, growing demand, and a consistent increase in pricing. They have a 60% profit margin with a very simple business to manage. You would be hard-pressed to find a service company that requires skilled labor with these kinds of profit earnings.

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Property Features and Assets:

This business has more than 450 recurring clients. They also have a 2nd office in Austin that the new owner can continue. They are on Angie's List, Facebook, and several other marketing websites. The seller has always used non-toxic high-quality chemicals.

Reason for Selling:

other interests

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.

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