Asking Price: $725,000 Gross Revenue: $1,550,000Cash Flow: $200,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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 profitable, well established commercial cleaning business in Columbia was established in 2002. This franchise brand was founded in 1991 and operates over 130 master franchises and 8,000 unit franchisees globally. They are consistently named by Entrepreneur Magazine among the top ranked franchises nationally in their annual Franchise 500 Awards. They are ranked # 1 in commercial cleaning and the #1 fastest growing franchise overall.
The Master Franchise program relies on a decentralized management structure in which each Master Franchise owner acts as the Regional Franchisor in their exclusive market. The Master Franchise owners are not involved in any of the cleaning, rather operate in a professional business environment during regular business hours.
The Master Franchise office then provides guaranteed customers to its franchisees, accounting, training, field support and marketing assistance. The Master takes on a sales management and support role, while their Unit franchisees service the commercial cleaning needs of various clients.
About the Business
The commercial cleaning market is competitive, but extremely fragmented. Many competitors lack the disciplined approach to cleaning processes this company possesses, as well as their commitment to technology advances as they become available, therefore lack of quality cleaning work is common. This company is well positioned to take advantage of this weakness in the industry by providing consistently higher cleaning standards and reliability. The systems, people, and procedures this franchise has in place are truly unmatched in the space.
Growth & Expansion:
This well known, branded commercial cleaning franchise is poised for continue growth in a $100 billion plus industry. The recession resistant commercial cleaning industry will continue its phenomenal growth patterns, regardless of economic pressures and consumer preferences.
Two weeks initial training at corporate service center. Designated field service representative that provides regular field service visits and support. The brand also holds annual conferences, advance sales and operations training, webinars, and regional meetings.
Well Branded Commercial Cleaning Business-Great Opportunity!
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