Successful & Growing Residential Cleaning

Baltimore, MD
Baltimore County


Asking Price: Annual Revenue:
$296,500 $707,875

Services: Cleaning


Request More Information
Contact the Seller

RE: Successful & Growing Residential Cleaning Broker: Seller of Business

Quick Facts

Asking Price: $296,500
Annual Revenue: $707,875
Net Profit: Not Disclosed
Cash Flow: $123,748
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 25
BBN Listing #: 94355583
Broker Reference #: tca.md.forest

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This is one of THE best “Lifestyle” businesses you could ever own! Spend time with your family and do the things you like to do AND have a great business! This is a top brand professional residential/commercial cleaning franchise resale with a huge client base, well-trained and seasoned staff/manager, quality cleaning teams, and a huge service territory. The business model provides the perfect lifestyle with a Monday-Friday 8-5 p.m. work week so your family life doesn’t suffer. The business serves a huge area encompassing Harford County and parts of Baltimore County; Bel Air, Aberdeen, Forest Hill and surrounding area. Contact us for the NDA for further discussion.

*WHAT WE DO…We clean homes and offices…BUT this is essentially a highly scalable, executive level management/staffing business. It is not sexy, and perhaps it is not cocktail party fodder, but it can make you great money and is the perfect lifestyle business! We use professionally trained teams to clean and work in the homes and we do a ton of them! No experience in this industry is needed. The franchisor will train you on all you need to know.

Prior to the Covid debacle, the seller spent almost $4,000 on a Wall Street level valuation on the company and it appraised for $480,000! This was a valuation date as of Dec. 31st 2019. This is a terrific residential cleaning business that was on a multi-year uptrend, but was impacted by Covid. The seller wanted to sell 12 months ago, in order to retire, but the Covid issue closed the business (mandated) for 8 weeks! This threw his client base which was running around 360 to 370 clients down to less than 300. >>>>>>Now he’s back on the Upswing, the company is growing quickly again, and he wants to again look to retire. With fresh management and some rolled up sleeves you can likely get the client base back up to pre-covid levels in no time. Buy the company now, about 40% less than just a year ago, and your previous appraised value should come back in about a year when you can start taking the full $173,000 out of the company for yourself.

Sales / Earnings (SDE)
2017: $916,712 / SDE:$142,134
2018: $962,735 / SDE:$146,944
2019: $1,004,571 / SDE:$173,944
2020: $707,875 actual sales without government loan program.

Weighted Earnings (SDE) (2019 and 2020): $123,748

Likely down payment requirement will be $145,000.

***************************************************

Non-Disclosure Agreement (NDA) is required. The sale is confidential which is why we are not publishing sensitive financial information or the name. Information provided to qualified buyers with NDA in place. Franchise resale with established sales, cash flow, customers/clients, employees, vendors, etc.

*All information, data, financials, valuations, appraisals, real estate values, assets, furniture, fixtures, equipment, etc. must be verified with the seller and buyer’s own professional advisors, CPA, etc. Buyers should always verify all information with the seller and their own independent advisors before putting any money at risk. Gross Revenue and Cash Flow stated by seller, 2020.

CONTACT US TODAY FOR THE NDA FOR A DETAILED DISCUSSION. We will provide the short online NDA form to you via EMAIL. Be sure to Check your junk/spam email folders.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Established, furnished, equipped office. Trained staff/manager, cleaning teams, supplies, equipment, etc.

Market Competition and Expansion:

*This is a recurring cash-based business – No accounts receivable and No inventory! *The business has a high customer retention rate that keeps you from chasing new customers. *The Monday-Friday 8-5 p.m. work week makes this the perfect lifestyle business that lets you have your weekends and holidays to yourself and for your family. *The business model is turn-key and simple, with attractive return on effort, and repeat customers who generate multiple recurring revenue streams.Implement aggressive marketing, advertising. Build community relationships. Attend trade shows. Oversee the business on a daily basis. Join business associations/chambers.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!