MergerPlace

Profitable Turnkey Window Cleaning

Ontario


  • Asking Price: $169,000
  • Gross Income: $300,000
  • Cash Flow: $90,526
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $13,000
  • Listing ID: #217679
  • Established: 2018
  • Employees: 3 FT / 1 PT

Business Description

The business is an independently owned and operated franchisee offering exterior home cleaning and maintenance services. The franchise is one of the most recognizable national brands in the exterior home cleaning industry in Canada, offering pressure washing, house washing and gutter cleaning in addition to window cleaning to residential and commercial customers. Since opening in early 2018, the business has grown to one of the larger players in the region and has earned a fantastic reputation with customers for quality and customer service.


Business Details

Primary Business Category: Services - Other Services
Location: Ontario

Company Information

Year Established: 2018
Home Based: Yes
Franchise: Yes
Relocatable: Yes
Number of Employees: 3 FT / 1 PT

Financial Information

Asking Price: $169,000
Gross Revenue: $300,000
Cash Flow: $90,526
FF&E: $13,000
Seller Financing Available: No

Property Information

Facilities:

The business has been built to run out of a home office so overhead is kept low. Parking for two service vehicles and a small office are all the necessary requirement for the businesses operations.

Growth & expansion opportunities:

The business operates with a negative cash cycle, in that cash is collected before the majority of costs are incurred. The business has been built to run out of a home office and overhead is kept low. Significant growth opportunities exist by adding additional service vehicles to the fleet and relationships have been established with vehicle dealerships and local vehicle wrapping and outfitting companies to ensure additional vehicles can be deployed quickly. Financially, the business offers an attractive return potential with the opportunity to pay back the initial investment in just over a year of operation as well as strong growth potential.

Competition:

Barriers to entry into the exterior home cleaning industry are low as the required investment in equipment is relatively minor and less training is required than for highly skilled trades. The industry is highly fragmented and is served primarily by small regional companies without a national presence or a strong brand.

Reason for selling:

The current owner is a CA, CPA and has a desire to continue his professional career in the financial field and will no longer have the time to dedicate to this growing business.

Support & Training:

Will train for 4 weeks @ no cost The business is part of the exterior home cleaning industry and provides the following core services to residential and commercial customers: Window cleaning; Gutter cleaning; House washing/siding cleaning Pressure washing; and Snow removal The core services are seasonal in nature with demand fluctuating throughout the year. Demand for the core services is highest in the spring, summer and fall and is lowest during the winter. To offset lower demand for core services during the winter, snow removal is currently offered. While the mix of services varies throughout the year, window cleaning is the most commonly requested service, followed by gutter cleaning, house washing and pressure washing.

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Business Listed By:

Greg Wood

Murphy Business Brokers