Business Category: Cleaning and Franchise
Listing Price: $295,000
Cash Flow: $160,306
***Special Note: In a victory for small business buyers, the recent $900BB stimulus bill directs the SBA to pay the first 6 months of new SBA 7(a) loans approved between February 1 and September 30, 2021 (up to $9,000/month). Our advice: Don’t wait. Find a quality business and get moving quickly. Banks will be busy this year and buyers that wait until July/August will likely lose out.
“Our business is a golden opportunity. There is so much untapped potential. We have built a solid business base that has allowed us a great family lifestyle and abundant income for 28 years. The Maid Brigade brand is strong. The corporate and franchisee community support are excellent. Being a franchisee with Maid Brigade is the best decision we made when we started this journey!” – message from the seller.
As part of a reputable and high-ranking franchise, this residential cleaning company serves a growing base of repeat customers. 99% of the company’s revenue is from residential clientele, most of which is regularly scheduled cleanings (recurring revenue!). The Company operates in a growing area southwest of Washington, D.C. Brand name recognition throughout the area creates the potential to add households.
Business was down in early 2020 due to the COVID-19 pandemic (~30%). However, almost all customers have indicated they will come back once things settle down. The Company is offering a new disinfectant service that is sure to gain traction.
The Company was founded in 1992 and has provided steady revenue/income each year. The founders-owners have enjoyed running the Company since its inception, but are now selling the Company to pursue retirement.
Opportunities For Growth:
(1) New Disinfectant Service Offering
(2) Social Media Marketing
(3) Add Commercial Cleaning Accounts
(1) Low Overhead
(2) Recurring Revenue
(3) Upward Mobility
(4) Well-Established Company
(5) Excellent Brand
Real Estate Available: N/A - Home-based
Reason For Sale: Retirement
Number of Employees: 10