MergerPlace

Recurring Revenue Cleaning Business

New Jersey (Monmouth)


  • Asking Price: $249,900
  • Gross Income: $387,100
  • Cash Flow: $91,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #215778
  • Established: 2005
  • Employees: 8

Business Description

As part of a reputable and high-ranking franchise, this residential cleaning company serves qualified households. 95% of the company’s revenue is from ongoing, scheduled cleanings. That’s over 110 customers providing consistent, recurring income. The company operates an affluent area with lots of opportunity to add households.

The company has been in operation since 2005 and has produced steady cash flow over the years. The owner has enjoyed running the Business and sees continued growth available but is ready for retirement.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.

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Business Details

Primary Business Category: Services - Other Services
Location: New Jersey
County: Monmouth

Company Information

Year Established: 2005
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $249,900
Gross Revenue: $387,100
Cash Flow: $91,000
Seller Financing Available: Yes

Property Information

Facilities:

750 sq. ft. facility

Growth & expansion opportunities:

Growth Opportunities Include: (1) Market Served: The Company currently serves 6 towns within a 30-minute radius, but the number of qualified households is sure to grow as it is an affluent area. (2) Recurring Revenue: Approximately 95% of sales are regular customers on a schedule, so continuing to grow the repeat customers will provide more steady cash flow. (3) Lack of Competition: The Company is the premier cleaning franchise in the area and the only Green Clean certified one, which makes it poised for more market share especially among those who seek environmentally safe products.

Competition:

Investment Highlights Include: (1) Low Overhead: There is no need for an expensive office and the Business has the flexibility to be run from any location, ensuring costs stay low. (2) Mobile Advertisement: Dynamic, colored cars provide advertising for the Business in the area it serves and are more cost-effective than mail and newspaper ads. (3) Upward Mobility: The franchise fee is based on the number of currently qualified households in your territory, so while people earn raises and purchase new homes, your fees remain low.

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