Seller's Contact Information
- RE: Cleaning Company In Affluent Area - Passive Owner
- Contact: Calder Capital
Quick Facts
| Asking Price: | $155,000 | |
| Annual Revenue: | $390,361 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $67,117 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 75,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 10 | |
| BBN Listing #: | 451945079 | |
| Broker Reference #: | 765 |
Business Overview:
This opportunity is a consistently profitable residential cleaning company based in an affluent territory of New Jersey.
As part of a reputable and high-ranking franchise, this residential cleaning company serves qualified households and select commercial businesses within an exclusive territory spanning Hunterdon and western Somerset counties.
The well-established franchise generates recurring revenue through the majority of its customers via weekly, bi-weekly, or monthly cleaning schedules. Additionally, the Company provides one-time deep cleanings and move-in/move-out cleanings. The Company services an affluent rural and suburban area with a median household income >$116K and median property value >$425K.
The Business is well-run, with a reliable, consistent staff of 10 employees. The owner is partially-absentee, and has some involvement in day-to-day operations but primarily does bookkeeping. The office manager handles daily operations and has 13 years in-house experience.
Originally founded in 1990, the current owner acquired the business in 2014. The owner has enjoyed running the business and sees opportunity for continued growth but is ready for retirement.
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Property Features and Assets:
2,000 sq ft commercial space
Market Competition and Expansion:
Investment Highlights Include: (1)Excellent Brand & Supportive Franchise (2)Vehicles and Equipment up-to-date and well-maintained (3)Low Overhead & Upward Mobility (4)Recurring Revenue Growth and Expansion: (1)Environmentally Friendly Cleaning (2)Unmet Area Demand (3)Commercial Work
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
Relevant Links:
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