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Cleaning Company Franchise-24+yrs Est In Southern California For Sale

Southern California, California - South, US
Asking Price:
$399,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,017,743
Cash Flow:
$132,294

PRICE REDUCED/MOTIVATED SELLER: A well-established residential cleaning franchise with over 400 worldwide locations. This particular franchisee opened over 24 years ago and operates two large territories in Southern California. They clean an average of 20 houses per day and 100 per week, with an average price per clean of $200+.

The staff consists of 16 housekeepers and 1 office manager. The office manager schedules the jobs and crews, handles bookkeeping, and onboards new clients. The business comes with all the necessary equipment and supplies.

The owner is semi-absentee and only works approx. 25 hours a week, overseeing the crew's route schedule (to maximize efficiency and revenue) and engaging with the employees to ensure high morale. The business is primarily employee-run and operates out of a small office that is not centrally located.

The current owner has done a fantastic job growing the business and 2023 will continue that trend with an 10.3% revenue increase over 2022. However, the seller has an established career and is looking to focus 100% on that venture, so the time has come for him to pass his beloved business to a qualified buyer.

There is a great deal of opportunity to grow. First and foremost, move the office to a more central location.

Not only will you reduce rent and parking expenses, but you'll also increase route efficiency, which means adding more cleanings (and therefore profit!) without increasing staff/payroll or fuel expenses. In addition, there is room to expand to commercial cleaning and weekend residential cleaning; current clients are 99% residential and weekdays only.

The territory is extremely large and there is no shortage of business!

Molly Maid is a highly profitable opportunity for anyone looking to purchase a turnkey, well-established house cleaning franchise.

Property Information

Real Estate:

Lease

Lease Terms:

Current Lease Month to Month-
Offsite Parking-6 Designated Parking Spaces-$1200mo (M-T-M)
Satellite Parking $115mo. (Unclaimed Territory)

Leasehold Rent:

$13,872 per annum

Location:

Assets include 8 branded Molly Maid cars (Nissan Versas) and one non-branded Corolla (owner's daily car), which is included with sale as buyer assumes the lease. Additional equipment includes 16 large vacuums, 16 small vacuums, brooms, mops, buckets, bottles, 2 computers with CRM and scheduling software, office supplies, furniture, and cleaning supplies.

Premises Details:

Office lease is currently month-to-month. It should be relocated more centrally, to reduce rent and parking expenses and enable more weekly cleanings with the same staff. This will increase profit without hiring more staff or purchase more equipment/cars.

2 Molly Maid territories are included with purchase, covering a highly populated area of Southern California.

Size in square feet:
450

Business Operation

Expansion Potential:

Loyal, long term employees … average tenure 8-9 years!
Very low client turnover: only 1.37%!

Reasons for selling:

Owner following Career / Other Venture

Employees:
17
Years established:
1999

Other Information

Support & training:

Owner and Franchise will train and Support.

Furniture / Fixtures value:
$65,000 - included in the asking price
Inventory / Stock value:
$2,000 - included in the asking price