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18 Year Old Home Cleaning Company For Sale

Boise, ID
listing image
Asking Price:$450,000
Gross Revenue:$490,000
FF&E:$100,000
Cash Flow:$115,000
Rent:$1,200/Month
Established Year:2007
Listing ID: 2083345Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well established cleaning company with an excellent Google rating. Very little money is spent on advertising, yet the owner has demonstrated again and again the business can easily grow with directed efforts (networking, word of mouth and Google).

This is a very stable business with a lot of recurring work. There are several distinct revenue streams that add to the upside and stability of this company.

Current owner manages the company part time and has a manager in place who performs low/mid-level management. The business can continue as is indefinitely, but it's ready for a new owner who wants to take it to the next level.

Sale includes several company vehicles, all tools and supplies. Business is in a leased space with a few years left. This business is ready for the new owner to walk in and start running it.

DETAILED INFORMATION
Location
Boise, ID
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
30/04/2027
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Very comfortable leased office space in the city of Boise. Within minutes of I-84. Space rent is $1200 and includes all utilities. Included are all tools, supplies, outfitted lunch room, laundry facilities, meeting/training room. Includes several company cars - enough for all cleaning teams to drive company cars each day. Recently updated website. Owner has created all onboarding/training processes. They are documented and ready to be implemented by the new owner. We use a scheduling software that is renewed yearly.
Competition
We have an outstanding reputation. Most of our new clients currently come organically from Google - we have been page 1 organically for years. Our only real competition is other established cleaning companies. However, there is a huge influx of new residents who are seeking house cleaning. We do not view new start ups as competition because we do not view potential clients who are looking for "cheap" as clients we want - we do not pursue those types of clients. Our best clients are retirees who know the value of hiring professionals.
Growth & Expansion
Pros- -The valley is growing. There are a lot of retirees (best client) moving here -There are other market segments (higher profitability than house cleaning proper) that we currently service and have lots of growth potential Cons -Requests for outlying areas. This could be a Pro if you're looking to expand -Dependent on employees to do the cleaning, so you should be a good people manager
Financing
None
Support & Training
Owner can provide training/guidance as negotiated, depending on buyer's experience and comfort in the industry. Owner has lots of knowledge to share - but understands the buyer will bring new ideas and excitement. Buyer does not need to be a cleaning expert, but it is preferred the buyer has has excellent customer service skills and human resource acumen.
Reason for Selling
Health - It's time to look inward and care for my family and myself as we age.
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Listed By: Not Disclosed