MergerPlace

Profitable Residential Cleaning Company

St. Joseph, Michigan (Berrien)


  • Asking Price: $275,000
  • Gross Income: $712,000
  • Cash Flow: $130,900
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #221865
  • Established: Not Disclosed
  • Employees:

Business Description

***Special Note: In a victory for small business buyers, the recent $900BB stimulus bill directs the SBA to pay the first 6 months of new SBA 7(a) loans approved between February 1 and September 30, 2021 (up to $9,000/month). Our advice: Don't wait. Find a quality business and get moving quickly. Banks will be busy this year and buyers that wait until July/August will likely lose out.

Are you seeking to buy an established and scalable business? This company is an established and growing residential cleaning franchise that features a large customer base. The sustainable business model is highlighted by recurring revenue streams, as 90% of cleanings are regularly scheduled.

After years of tremendous growth, the owner wishes to retire. The Company is poised to perform better than ever as the COVID-19 pandemic has led to an increased focus on sanitation. As more households look to maintain a safe environment, the Business is equipped to meet the surge in demand.

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Business Details

Primary Business Category: Services - Other Services
Location: Michigan
Metropolitan Area: St. Joseph
County: Berrien

Company Information

Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $275,000
Gross Revenue: $712,000
Cash Flow: $130,900
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

(1) Commercial Cleaning: Currently, the Company only does residential cleanings, but there is great potential to move into the commercial business market which would provide large scale, recurring revenue. (2) Rental Turnovers: The area the Company serves is a popular spot for tourists to stay and thus the Company can shift into cleanings for rental properties. (3) Focus on Sanitation: Due to the COVID-19 pandemic, households will prioritize a sanitary environment, and the Company is situated nicely to provide the sought-after cleaning services.

Competition:

Investment Highlights Include: (1) Track Record of Success: The business has spent the last 12 years building its name in the area. The Company is highly rated and has grown notably the past 3 years. (2) Recurring Revenue: The business model lends itself to predictable revenue streams, as 90% of revenue is regularly scheduled cleanings. (3) Employee Satisfaction: The highly motivated staff is stable and the Company allows upward mobility.

Reason for selling:

Retirement

Support & Training:

Ownership is willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC