Asking Price: $650,000 Gross Revenue: $861,258Cash Flow: $235,424EBITDA: $185,699Inventory: $5,000 included in asking priceFF&E: $223,315 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This is an established franchise of a high end cleaning service. This is a much sought after location for this very high end franchise that does not have available territories locally in the area. This business is almost absentee ran. Meaning that the owner spends about 20 hours per week working but could easily hire someone to take 90% of their day to day duties of spot checking jobs and quality control. It is rare to have such a quality business available with consistent revenue and customers. These customers pay on the day of service so extremely low A/R and great cashflow. Uniformed employees with supervisors and office manager. This business runs itself as the owner takes almost 6 weeks of vacation and runs a nonprofit and another business on the side. Move quickly this business won't last long.
This business is priced less than several comps of other franchised locations that have sold. This business is priced UNDER a 3x multiple for a business that makes over 200k with less than 20 hours of work per week.
Confidentiality is extremely important. Therefore, NO information is given without a Nondisclosure on file. We have our Non Disclosure (NDA) on our website where it can completed 24/7/365. Please as the next step complete the nda at our website and select "Established Franchise Cleaning Service".
Once the NDA is completed you will automatically get the profile if your information can be confirmed online. Please go to our website and select NDA and complete the form online.
About the Business
Number of Employees:
Building Sq. Ft.:
This offices in 2 suites just off a major highway. Office warehouse duo where the company vehicles can be parked inside. The landlord will assign remainder of lease and add options to comply with SBA requirements.
Owner says with a full-time owner the business could easily grow to 1.5 to 2 million. It would be helpful to have a new owner that is involved and able to sell new clients. Recently they entered into a national marketing plan that the owner believes will grow the company 20% to 30% over the next 24 months.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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