Residential & Commercial Cleaning Services

Business Overview:

Looking for a profitable business with a short learning curve? This is a great opportunity to acquire your first business or add to your existing client list with this established, highly rated Commercial, Construction & Residential cleaning business that is home based. All Staff is in place providing services and waiting for a new owner/manager to take over.

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Property Features and Assets:

The business is home based. Assets = $6,000.

Market Competition and Expansion:

IBISWorld reports, the cleaning industry is a $75.6B annual industry. Commercial Cleaning comprises 50.7% of the total industry and Residential & Other types make up 10.6%. Overall, demand for industry services has grown over the five years to 2021, despite a setback in 2020 due to the adverse effects of the COVID-19. This business, during COVID, outperformed the industry with 13% growth in revenues. The coronavirus pandemic has increased demand for new types of cleaning regimens to combat the spread of the virus, which will likely help to drive industry revenue moving forward. Many of the trends that proved detrimental to the industry in 2020 are expected to reverse course in 2021 amid a reopening economy. Industry revenue is projected to grow further over the five years to 2026, increasing an annualized 1.9% to $83.1 billion. The aging US population is expected to serve as a source of growth, as third-party elderly care institutions and households of seniors become more prevalent. Commercial clients are expected to purchase cleaning services as a part of bundled service offerings, which include security, facilities maintenance and other building-related services. This business has a big upside when it comes to growth. The broad service base includes both residential and commercial. With the Puget Sound area construction booming as well as population growth, there is no end of available opportunities. Additional cleaning staff would increase the ability to accept more clients and boost revenues.

Reason for Selling:

The owner has a separate business to focus on.

Additional Details:

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