MergerPlace

Home-Based, Non-Franchised

Michigan


  • Asking Price: $115,000
  • Gross Income: $151,160
  • Cash Flow: $60,019
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #208168
  • Established: 2007
  • Employees: 2 FT / 2 PT

Business Description

The company specializes in providing detailed, thorough and consistent periodic cleanings to homeowners. The owner has invested in rigorous policies and procedures to ensure an excellent work product by its employees. There are currently about 40 regular customers, most of whom are on a two-week cleaning cycle. Most of the two-person cleaning teams tackle 3-5 jobs each weekday. Additional revenue is derived from one-time cleanings such as move-ins/move-outs. The company has developed a consistently loyal customer list due to its personal touches that delight homeowners and a reputation for quality cleanings. The vast majority of customers reside in the Oxford/Lake Orion region or the Sterling Heights/Shelby/Macomb triangle.

The owner is willing to train the buyer at no charge for 30 days and to be available up to two hours per week at no charge for several months after that. Additionally, the owner is willing to provide financing to the qualified buyer with a 5-year loan of up to 50% of the purchase price.


Business Details

Primary Business Category: Services - Other Services
Location: Michigan

Company Information

Year Established: 2007
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT / 2 PT

Financial Information

Asking Price: $115,000
Gross Revenue: $151,160
Cash Flow: $60,019
Seller Financing Available: Yes

Property Information

Facilities:

As a home-based business, facility needs are minimal. The owner currently uses just a file cabinet and small desk. Cleaning supplies are "stored" with the cleaning employees as they return to their homes each evening.

Growth & expansion opportunities:

While the current advertising efforts are working well, the owner believes that the buyer can realize even-higher financial results by increasing the time and expense devoted to advertising. Further, additional customer communication procedures, consistently followed, will produce an even stronger bond with clients.

Competition:

There are several residential cleaning companies in the area, both franchised and non-franchised. This business has incorporated several affinity-based personal touches that serve to strengthen its relationship with customers. Another major competitive advantage is the longevity of employees in an industry where this is not the norm. The owner has achieved this employee longevity through careful screening processes and employee incentives.

Reason for selling:

After starting the business in 2007 and building it to its current highly-successful and sustainable level, the owner wishes to spend more time with family.

Support & Training:

Will train for 4 weeks @ no cost There are no special credentials, licenses or skills required to operate the business.

Contact Business Seller

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Business Listed By:

Ken Whitley

Murphy Business Brokers