MergerPlace

Master Franchise Developed

Texas (Tarrant)


  • Asking Price: $350,000
  • Gross Income: $764,639
  • Cash Flow: $110,959
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $31,003
  • Listing ID: #220481
  • Established: 2015
  • Employees: 15 FT

Business Description

Murphy Business is pleased to offer an established Greater Fort Worth franchise territory of a major service brand. The new owner can develop their direct sales or franchisees (both have already been seeded). They will have exclusive rights to a nationally recognized brand of residential and light commercial cleaning services. The priority of the current developer has been residential service contracts with their higher profitability and desirability for acquisition by larger firms seeking "rooftops". Currently there are over 175 service contracts in place (of course there is also a la carte business we well).

The franchise has exclusive rights over 29 zip codes and has achieved profitability by working only 14 of them with 12 cleaning teams. The brand offers an environmentally friendly health-protecting technology which will only increase demand in the current zip codes with the recent health concerns. The development of light commercial cleaning and the 15 unworked zip codes add to the potential of this business. It's very hard to find this kind of upside in a franchise designed to be home-based.

We are seeking a bilingual owner-operator who will close the leads from advertising, watch over quality and recruit & train new teams when expanding; although an acquisition by a service firm wishing to expand the capabilities of its current management will be considered.


Business Details

Primary Business Category: Services - Other Services
Location: Texas
County: Tarrant

Company Information

Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 15 FT

Financial Information

Asking Price: $350,000
Gross Revenue: $764,639
Cash Flow: $110,959
FF&E: $31,003
Inventory: $1,000
Seller Financing Available: Yes

Property Information

Facilities:

The business is designed to be home-based; however, the current owners do use a multi-use office which is on a month-to-month lease.

Growth & expansion opportunities:

There is an immediate and a longer term potential future for the owner of this business. The current zip codes can be further developed, the unworked 15 zip codes can be developed, and lite commercial work can be added in the near term. In the long term, there is a growing acquisition market for businesses that have residential contract with affluent people. There can be a very profitable exit.

Competition:

Most competition is from individuals doing some cleaning on the side. although there are several other competitive services in the area.

Reason for selling:

The current owners are also developing another franchise in an unrelated field and wish to focus on it.

Support & Training:

Will train for 4 weeks @ no cost An owner-operator will need to close internet leads, assure the continued quality of services, recruit and train when expanding, in addition to ownership oversight. Being conversant with the staff in Spanish is highly desirable.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Bob Fariss

Murphy Business Brokers