Highly Profitable, Commercial Cleaning Business

Not Disclosed, FL
Miami Dade County

Home Based Currently

Asking Price: Annual Revenue:
$950,000 $1,995,249

Services: Cleaning

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RE: Highly Profitable, Commercial Cleaning Business Broker: Will Simmons

Quick Facts

Asking Price: $950,000
Annual Revenue: $1,995,249
Net Profit: Not Disclosed
Cash Flow: $285,603
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 53
BBN Listing #: 694262509
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

In 2008, the current owner decided to leave his role as a manager in a janitorial services business to open up his own cleaning services franchise. After 10 years of successfully growing the franchise to $1M+ in revenues and building out a large base of commercial clients, the current owner decided to cut ties with the franchise to strike out on his own.

While the franchise brand and reputation opened up lots of opportunities for the business, the current owner wanted to take full control of the business and no longer needed the assistance and backing of the franchise. One of the notable aspects of the transition was the current owners’ ability to keep all of his customer accounts. Despite losing out of the franchise’s marketing capabilities, the current owner saw no shortage of business through word-of-mouth advertising and referrals from satisfied customers.

The business has a strong reputation for quality and timeliness, which has led to high customer retention rates across their 100% commercial customer base. The business provides a range of cleaning services, including janitorial services, carpet cleaning, floor cleaning, blind cleaning, trauma cleaning, and post-construction cleaning. These services generate considerable recurring revenues (95% of total revenue is recurring) and deliver strong margins, owing to the current owner and his management team’s ability to efficiently train and staff their crews. Together, the business’ array of service offerings make for a profitable, stable cleaning operation.

The two largest services by revenue are janitorial cleaning, which involves workers cleaning floors, surfaces, and trash removal, as well as post-construction cleaning, where a crew will be deployed to clean up a commercial property after construction work is completed. The business has long-term relationships (10+ years) and papered contracts with several large government departments, regional hospitals, community centers, and shopping centers in the South Florida area.

As a result of the COVID-19 pandemic, the business saw a significant increase in business. They landed new contracts and expanded their crews for their existing accounts. This firm is the ideal turn-key cleaning company for an individual looking to own a commercial cleaning business or attach an add-on to an existing professional services business.

The broker of record for this transaction is Jon Nesbitt, FL License #3293538

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Property Features and Assets:

This business is home-based. The owner is able to store all equipment and materials at his home. The new owner would easily be able to transition the business to their home or they could rent a small office and storage space, though this isn't necessary.

Market Competition and Expansion:

There is ample room for growth by expanding their services. Marketing The new owner can easily build out a robust marketing platform that includes an online lead capture tool, estimating software, and high-quality depictions of all services provided. This would include utilizing new marketing channels like paid search rather and building out a CRM for marketing purposes, like a direct email campaign to prospects. One option to expand the marketing could be to hire a full-time marketing and sales associate to create campaigns and help drive new leads to the business. Otherwise, there are numerous marketing and sales agencies in the Miami-Dade area, some of whom are headquartered in properties serviced by the business, that could assist the new owner in marketing and outside sales motions. New Geographic Segments There are several areas of South Florida that are excellent candidates for growth. These are areas where there are plenty of corporate offices, residential communities, and parks that are interested in improving the quality and cleanliness of their shared spaces. Expand Ancillary Service Offerings The business currently owns an assortment of floor and carpet equipment like hot water extractors, high and low speed burnishers and hard floor machines, pressure cleaning and other items. There is an opportunity to offer these “ancillary” services (like floor cleaning and carpet cleaning) to new and existing clients.

Reason for Selling:

Moving to be closer to his children.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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