Connecticut Cleaning Company

Not Disclosed, CT


Asking Price: Annual Revenue:
$170,000 $734,700

Services: Cleaning


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RE: Connecticut Cleaning Company Broker: Seller of Business

Quick Facts

Asking Price: $170,000
Annual Revenue: $734,700
Net Profit: Not Disclosed
Cash Flow: $85,421
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 16
BBN Listing #: 89445079
Broker Reference #: 647

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Business Overview:

***COVID-19 Impact Statement: Business has been fully operational since May 26. Demand is strong and a fast recovery is in process.

Maid Brigade of Northern Connecticut is a residential and small office cleaning franchise with 75% recurring revenue from scheduled cleanings. The Company has an existing customer base of over 260 regular customers and about 30 occasional customers (pre-COVID), plus a database of over 3,000 contacts! Customers continue to come back and restart service.

The Business is highly rated online and operates with an extraordinary and experienced staff.

Think about the lifestyle! The company operates during normal business hours Monday through Friday. It typically doesn’t typically operate in the evenings, weekends, or holidays. This is different than many other franchises.

Step into a well-oiled machine and focus on growth from day 1.

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Property Features and Assets:

Real Estate: Leased. Lease Rate: $800 per month. Total Building Size: 2,000 sq. Ft.

Market Competition and Expansion:

Competition/Market Pros and Cons: Investment Highlights Include; (1) Well-Established Online and Local Reputation: The Company has developed an outstanding reputation due to its 8 years of excellent service, customer relations, marketing, and networking. (2) Recurring Revenue: The business model emphasizes regularly scheduled cleanings, with those accounting for 75% of revenue. (3) Weak Competition: The Company operates in a geographic area that generally lacks strong residential cleaning competition. Growth and Expansion Pros and Cons: (1) Increase in Sanitization Services: This service is in high demand post-COVID-19. (2) Add Cleaning Teams: The Company peaked in revenue in 2017 when it had 2 more teams in the field than it does now. (3) Add Commercial Accounts: The Company only has a handful of small office accounts that it currently serves.

Reason for Selling:

Retirement.

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 a franchise resale opportunity.

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