Professional Cleaning Services Business

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Asking Price:
$130,000

Gross Revenue:
$166,000
Cash Flow:
$92,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$2,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Established in 2011, this reputable professional cleaning and maid services business serves residential and commercial clients in the York and Simcoe region. Capitalizing on their high customer retention rate, the company grows organically through word-of-mouth referrals. Operating with a home based model, the business can easily be relocated. The business demonstrates recurring revenues as well as improving margins. Revenue streams are highly diversified and sales are steady throughout the year with no seasonality trends. Operating with eight professional maids and one supervisor, the business has low owner-dependency. The current owner will provide training to assist with the transition period.

The Professional Cleaning Services industry is well positioned for growth driven by increasing discretionary income which will generate demand for house maids. In addition, continued immigration to Canada and the growth in residential housing will drive further growth to the industry.

This is an ideal opportunity for a buyer seeking to acquire a business with an existing book of clients and recurring revenues. This business can be operated by a manager with strong organizational and leadership skills, with minimal owner dependency.

Asking Price: $130,000
Revenue: $166,000
Normalized SDE: $92,000
FFE: $2,000

About the Business

Location:
York Simcoe Region, Ontario
Year Established:
2011
Number of Employees:
9
Relocatable:
Yes
Home Based:
Yes
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Will be provided as required

Listing Info

ID:
1630596
Ad Detail Views:
0

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Business Listed by

Beacon Mergers & Acquisitions

Beacon Corporation, Brokerage

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