Privately Owned Cleaning Service with Linen Rental

Not Disclosed, MA
Barnstable County

Barnstable County

Asking Price: Annual Revenue:
$635,000 $1,062,492

Services: Cleaning

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RE: Privately Owned Cleaning Service with Linen Rental Broker: John Dirkmaat

Quick Facts

Asking Price: $635,000
Annual Revenue: $1,062,492
Net Profit: Not Disclosed
Cash Flow: $201,884
Total Debt: Not Disclosed
FF&E: $110,570
Real Estate: Not Disclosed
Year Established: 1988
Employees: 33
BBN Listing #: 35714955
Broker Reference #: 3004-14522

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Business Overview:

Exceptional opportunity for an individual or existing company to acquire the assets and perennial profitability of this Market Leader for Residential and Commercial Cleaning. Located on Cape Cod, MA., revenues of over $1 million are derived from cleaning services at seasonal rentals, year-round homeowners, commercial buildings and post construction houses. Additionally, it offers a significant linens rental service and a carpet/upholstery cleaning division. Weekly turnover of seasonal rentals creates unique demand. Active customer-base count is over 1,000 and growing with a very high retention rate. For any startup, the cost of entry and maturity time for a similar new business of this size is substantially higher than this Offering.

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Property Features and Assets:

Offices and storage is conveniently located to the market in a 2,000 square feet leased strip shopping building with very reasonable rent. The business is offered in turn-key condition with $110,000 FF&E value of vehicles, equipment and office fixtures. All in working condition. Total Assets: $110,570

Market Competition and Expansion:

Most competition comes from home-based services which can't meet the offering of this subject business. There are a few similar competitors but there's plenty of demand to go around. Considerable opportunities in commercial cleaning which are recently being refined. Many more opportunities to capture customers who currently use home based cleaning service which simply can't match the service level offered by this offered business.

Reason for Selling:

Personal family issue.

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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