Female Owned Upscale Professional Service with Recurring Revenue
Business Description
Brand the Kleenex of its industry for over 30 years
Woman Owned White Glove Professional Services
With a nationally recognized brand, it is the Kleenex of its industry. Serving upscale clientele with its best-in-class service, this company has flourished as a women owned and lead business. The Company has a full leadership team in place and a strong company culture, allowing the Owner to be largely removed from day-to-day operations. While no longer engaged, the Owner knows there is tremendous opportunity to expand this business further. She wants to see it in the hands of the right individual or group who will build on the foundation already in place to take it to the next level, giving the employees who helped build this business more opportunity.
Highlights:
• Leadership Team: The Company has a robust, highly tenured leadership team that manages all aspects of day-to-day operations.
*Franchise Support: Because it is a large percentage of franchise system revenues (by far), the Company is uniquely positioned to benefit from national branding efforts by franchisor, while having almost complete operational autonomy, unlike most franchise systems.
• Company Reputation: The Company carries a longstanding A+ rating with the Better Business Bureau, has thousands of positive reviews and is regularly featured as an industry expert on local and national PR.
• Recession Resilient: The Company has continued to thrive through times of economic hardship, including the Great Recession and COVID.
• Financial Performance: The Company has a strong track record of financial performance for over two decades. There are significant improvements the Seller could make to the P@L that have become institutionalized because its always been done that way.
*Marketing spend is significant, rather outdated with much upside. There is no A.I. initiative which would allow employees to focus on generating revenue vs. redundant tasks they currently do. Seller is a visionary, not an implementer. Marketing is not focused on digital but on traditional media.
*Seller has been owner for over 20 years and no longer wishes to grow the business, ready for new energy and someone who wants to grow both organically and potentially through acquisition. She is will be most motivated to sell to someone who is capable of achieving growth, allowing an expanded career path for employees.
*Significant recurring revenue and a long term clientele make this business stable in all economic environments.
With a nationally recognized brand, it is the Kleenex of its industry. Serving upscale clientele with its best-in-class service, this company has flourished as a women owned and lead business. The Company has a full leadership team in place and a strong company culture, allowing the Owner to be largely removed from day-to-day operations. While no longer engaged, the Owner knows there is tremendous opportunity to expand this business further. She wants to see it in the hands of the right individual or group who will build on the foundation already in place to take it to the next level, giving the employees who helped build this business more opportunity.
Highlights:
• Leadership Team: The Company has a robust, highly tenured leadership team that manages all aspects of day-to-day operations.
*Franchise Support: Because it is a large percentage of franchise system revenues (by far), the Company is uniquely positioned to benefit from national branding efforts by franchisor, while having almost complete operational autonomy, unlike most franchise systems.
• Company Reputation: The Company carries a longstanding A+ rating with the Better Business Bureau, has thousands of positive reviews and is regularly featured as an industry expert on local and national PR.
• Recession Resilient: The Company has continued to thrive through times of economic hardship, including the Great Recession and COVID.
• Financial Performance: The Company has a strong track record of financial performance for over two decades. There are significant improvements the Seller could make to the P@L that have become institutionalized because its always been done that way.
*Marketing spend is significant, rather outdated with much upside. There is no A.I. initiative which would allow employees to focus on generating revenue vs. redundant tasks they currently do. Seller is a visionary, not an implementer. Marketing is not focused on digital but on traditional media.
*Seller has been owner for over 20 years and no longer wishes to grow the business, ready for new energy and someone who wants to grow both organically and potentially through acquisition. She is will be most motivated to sell to someone who is capable of achieving growth, allowing an expanded career path for employees.
*Significant recurring revenue and a long term clientele make this business stable in all economic environments.
About the Business
- Years in Operation
- 24
- Employees
- 60 (60 Full-time)
Most of staff has significant tenure, there is a seasoned management team in pla - Currently Relocatable
- Yes
- Franchise
- This business is an established franchise
- Facilities & Assets
- While this is a professional services business, there is significant technology and an incredible amount of work methods, employee and management tools included in the business.
- Market Outlook / Competition
- This industry is both growing and evolving with lots of opportunity; however, the owner no longer is interested in pursuing new avenues that are clearly opportunities. On maintenance mode as she is not fully engaged.
- Opportunities for Growth
- *Expense side is too high. Owner doesn't want to make changes despite pointing out the areas of obvious savings.
*Company started two significant initiatives that are very profitable and should be focused on for acceleration. While recurring revenue is significant it could significantly increase.
*Owner has not shopped vendors for many years. Using very dated marketing initiatives.
*Several other initiatives owner would do if still engaged.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Extensive support and training available from owner for as long as needed after close plus availability ongoing. The owner has significant concerns for the legacy of the business and opportunity for staff; therefore, will make herself available.
Listing Info
- ID
- 2444237
- Listing Views
Listing ID: 2444237 The information on this listing has been provided by either 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 full Terms of Use. Learn how to avoid scams.
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