Residential Cleaning Service in Central Maryland

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Residential Cleaning Service in Central Maryland
Asking Price:
$1,800,000

Gross Revenue:
$2,400,000
Cash Flow:
$450,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$245,000
included in asking price

Real Estate:
$900,000
not included in asking price

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Business Description

Professional residential cleaning service. Subject company is a franchisee of a major national franchisor and maintains one of the largest geographical territories in the franchise system. Franchisor provides excellent training and support to its franchisees. Best quality residential cleaning service provided in customer's homes over four county area. Employees are well trained and are in company uniforms. All employees travel in the company's vehicles with business logo.

Business has been SBA prequalified.

About the Business

Location:
Maryland
Year Established:
1992
Number of Employees:
55
Franchise:
Yes
Real Estate:
Owned
Building Sq. Ft.:
3,300
Facilities:
Owner acquired a 3,300 square foot detached building four years ago and customized its renovation to provide desired office and warehouse space. The owner will consider selling the building at current market value as appraised, or lease at market rent which is approximately $5,000 per month.
Market Outlook/
Competition:
The business has a prime location in its market and is a dominate franchise provider of residential cleaning services. This franchise has protected territory which is one of the largest and best markets in the entire United States.
Growth & Expansion:
Significant growth possibilities exist. Due to the very large franchise territory and minimal marketing within the territory, a tremendous potential to grow customers and revenue within the territory exists.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The owner will provide support to the buyer and transition training as necessary depending on the request of the buyer.

Listing Info

ID:
1371522
Ad Detail Views:
1227

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