***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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(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.
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.
Ownership is willing to provide reasonable and customary transition assistance.