Cleaning Master Franchise Resale - Profitable

Durham, NC
Durham County

Asking Price: Annual Revenue:
$375,000 Not Disclosed

Services: Cleaning

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RE: Cleaning Master Franchise Resale - Profitable Broker: Ray Canoy

Quick Facts

Asking Price: $375,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: Not Disclosed
BBN Listing #: 246442458
Broker Reference #: 7773-54765

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Business Overview:

This opportunity is extremely well run and covers a territory that is experiencing phenomenal growth. This commercial janitorial service, part of an expanding $100 billion industry, is positioned to grow at an even greater rate than the surrounding community. A significant number of commercial leases require the space be cleaned by a professional cleaning service. This janitorial service opportunity has grown from no customers in 2009 to 137 and no franchisees in 2009 to 15. The ground work has already been laid for you. This is an existing business with an aggressive growth plan operated from an executive office that allows you to guide your business rather than work in your business. If you are considering a serious profitable business we need to talk. Annual sales are approximately $1,275,824. The total asking price of $399,900 includes an additional Master Franchise territory. The franchisor is currently offering territories for $75,000.

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Property Features and Assets:

Started in 2009 with no customers. Currently (4/11/2016) have 137 with 15 franchisees.

Market Competition and Expansion:

Strengths: • Corporate management coupled with professional eco-friendly cleaning expertise • Extraordinary service customized to the client’s needs • Guidance and education to create successful franchisees that manage their own business Potential Growth: Markets: According to the Triangle Business Journal article by Rebecca Troyer, “Growth Surge! Raleigh Population to Swell by 50% Between 2010 and 2030” refers to a recent report by Urban Institute summarized by UNC-Chapel Hill’s Carolina Demography Institute, the growth potential is obvious for an existing successful commercial janitorial service. Central North Carolina is not only Raleigh. According to the building maintenance industry in Durham is growing by 4.77% well above the national average of 3.97% (3/19/2016). According to Philip Culpepper, spokesman for Preston Development the increase population in Pittsboro could be from currently 3,000 to 60,000 in 30 years.

Reason for Selling:

Other business interest

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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