Profitable Maid Service in Chicago Suburbs!

Not Disclosed, IL
Kane County

Asking Price: Annual Revenue:
$240,000 $706,400

Services: Cleaning

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RE: Profitable Maid Service in Chicago Suburbs! Broker: Seller of Business
Owner Financing is Available!
May consider seller financing for qualified buyers.

Quick Facts

Asking Price: $240,000
Annual Revenue: $706,400
Net Profit: Not Disclosed
Cash Flow: $117,840
Total Debt: Not Disclosed
FF&E: $135,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 16
BBN Listing #: 806445079
Broker Reference #: 624

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Business Overview:

As part of a reputable and high-ranking franchise, this residential cleaning company serves a growing base of repeat customers. 90% of the company’s revenue is from ongoing, scheduled cleanings. The Company operates in a growing affluent area in Chicago’s west suburbs. Brand name recognition throughout the Chicagoland area creates the potential to add households.
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.
The Company was founded in 2006 and has provided steady revenue each year. The owner has made changes to management over the past three years to prepare for a growth period, but is now selling the Company to free up time for other projects.
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Property Features and Assets:

1,195 sq. ft. facility in an office park

Market Competition and Expansion:

Investment Highlights Include: (1) Low Overhead: There is no need for an expensive office and the Business has the flexibility to be run from any location, ensuring costs stay low. (2) Recurring Revenue: The business model emphasizes regularly scheduled cleanings, with those accounting for 90% of revenue. (3) Upward Mobility: The franchise fee is based on the number of currently qualified households in your territory, so while people earn raises and purchase new homes, your fees remain low. Growth and Expansion Pros and Cons: (1) Brand Recognition: Maid Brigade's name recognition is growing throughout the Chicagoland area, potentially adding households. (2) Future Acquisitions: The potential exists for future acquisitions in neighboring communities that would allow the Company to grow its overall market share, reputation, and revenue. (3) Pure Mist Product Line Expansion: The potential exists for future acquisitions in neighboring communities that would allow the Company to grow its overall market share, reputation, and revenue.

Reason for Selling:

Personal debt and other projects

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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