Business Category: Cleaning
City/Region: Kane County
Listing Price: $240,000
Cash Flow: $117,840
Equipment Value: $135,000
As part of a reputable and high-ranking franchise, this residential cleaning company serves a growing base of repeat customers. 90% of the company’s revenue is from ongoing, scheduled cleanings. The Company operates in a growing affluent area in Chicago’s west suburbs. Brand name recognition throughout the Chicagoland area creates the potential to add households.
Think about the lifestyle! The company operates during normal business hours Monday through Friday. It typically doesn’t typically operate in the evenings, weekends, or holidays. This is different than many other franchises.
The Company was founded in 2006 and has provided steady revenue each year. The owner has made changes to management over the past three years to prepare for a growth period, but is now selling the Company to free up time for other projects.
Opportunities For Growth:
(1) Brand Recognition: Maid Brigade’s name recognition is growing throughout the Chicagoland area, potentially adding households.
(2) Future Acquisitions: The potential exists for future acquisitions in neighboring communities that would allow the Company to grow its overall market share, reputation, and revenue.
(3) Pure Mist Product Line Expansion: The potential exists for future acquisitions in neighboring communities that would allow the Company to grow its overall market share, reputation, and revenue.
(1) Low Overhead: There is no need for an expensive office and the Business has the flexibility to be run from any location, ensuring costs stay low.
(2) Recurring Revenue: The business model emphasizes regularly scheduled cleanings, with those accounting for 90% of revenue.
(3) Upward Mobility: The franchise fee is based on the number of currently qualified households in your territory, so while people earn raises and purchase new homes, your fees remain low.
Real Estate Available: For lease
Reason For Sale: Personal debt and other projects
Number of Employees: 16