Award-Winning Cleaning Business - Turn Key and High Profit Margins
Asking Price: | $875,000 |
Gross Revenue: | $664,000 |
Rent: | $416/Month |
Established Year: | 1998 |
Cash Flow: | $208,000 |
Inventory: | $15,000 |
FF&E: | $53,500 |
Business comes with full management & systems, supervisors, multiple hard-working cleaning crews, impeccably maintained vehicle fleet and much more. Can be run from anywhere and owner can run fully absentee with the right systems in place. Seller is asking for around 4.2X multiple which is highly reasonable for a cleaning business that is this well managed including some of the most professionally prepared financials you will ever come across in a business sale this size.
This is an award-winning residential and commercial cleaning business with a strong reputation and brand. Business comes with HUNDREDS OF CUSTOMERS in Rhode Island, Massachusetts and beyond. Great RECURRING revenue and growing quickly.
A very rare opportunity to buy a full-fledged, fully-staffed cleaning business that works full time for you. This business has professionally prepared financials and has been growing quickly. Owner is facing health issues and is now ready to retire. He is seeking a qualified and well-capitalized buyer who can take the business to the next level.
The business provides office cleaning services, post construction cleaning, deep cleaning, move-in and move out cleaning, apartment turnover cleaning for property management firms, Airbnb cleanings, and residential maintenance cleaning services. The company works in teams of 2-3 cleaners at a time to get in and out of each property as quickly as possible. The business prides itself on the high quality of the work performed, which can be verified with its strong online reviews.
There is no end to the incoming business due to its Google and Facebook reputation, the advertising on the company cars, and word of mouth. Most cleaning businesses have very high demand and there is more work than any of them can take on however this business's demand is exceedingly high and is perfectly primed for massive expansion.
Currently operates out of leased office space, but business could be relocated/become home-based. Owner hours are generally 15/week and could easily transition to absentee.
Prime location, competitive pricing, and reputation keep incoming business at maximum capacity with no advertising. Primed for easy growth and expansion.
Due to seller’s health he is seeking a buyer who is able to put all or mostly cash down at closing (possibly will hold a very small seller note of 20% or less). SELLER IS NOT OPEN TO EARN-OUT DEALS.
THIS BUSINESS IS EXPECTED TO SELL QUICKLY. SERIOUS, CAPITALIZED BUYERS ONLY PLEASE.
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