HS Listing ID-62920
Established Legacy: Operating since 1982, this Company has a strong 42-year history. The current owner has been involved with the business since 1995, first as a manager and then as the owner since 2015, providing consistent leadership throughout the years.
Comprehensive Services: Offering a full spectrum of services, including but not limited to only residential house cleaning. Offering move-in/out, post-construction, apartment/small spaces, deep cleanings, and much more.
Exclusive Territory: Enjoys exclusive rights to territories throughout prime locations on Long Island, including a recent expansion into Suffolk County, increasing its client base and revenue potential.
Recurring Clientele: A reliable income source with well over 60% of revenue generated from clients who consistently return for weekly and biweekly services.
Secured Contracts: Contracts in place to ensure consistent and predictable revenue streams, fostering customer retention and business continuity.
Skilled and Loyal Workforce: A dedicated team of 12, including administrative staff & cleaning professionals, some with well over two decades of loyalty, ensures high-quality service and operational stability.
Prime Office Location: Operating from a strategically located 3,300 SQ FT office in Nassau County on a main road with an attractive below-market rent/tax of $3,521.36/mo
Client Loyalty: The company boasts a loyal client base, with some clients having been with the company for over 10 years, contributing to overall stability and reliability.
Equipment: The office is equipped with 3 washing machines for towels, 2 dryers, a new hot water heater, and an additional backup washer and dryer.
Operational Efficiency: Highly efficient operations require fewer staff than competitors, thanks to a well-trained team and established management and payroll systems.
Untapped Growth Potential: Significant opportunities for growth through increased advertising, expanding ancillary services (e.g., Window cleaning, Power Washing, Gutter Cleaning, Carpet cleaning), and targeting commercial cleaning contracts.
Smooth Transition Period: The owner is willing to stay on board to provide support and training, ensuring a smooth transition.
Retirement Sale: Owner seeking retirement, creating a unique opportunity for a buyer to step into a well-oiled, successful business.
Financing Options: SBA financing is available with about 30-45% down (Depending on buyer's financials). The seller may consider additional financing options for the right buyer.
Owner’s Role: Works approximately 25–30 hours per week, assisting with marketing efforts, finalizing payroll, optimizing the schedule, recruiting and onboarding new staff, ordering supplies from other vendors, paying bills, and managing email correspondence.
Absentee Ownership Potential: This company is well-suited for absentee ownership. By promoting existing administrative staff to an office manager role, they can efficiently manage the current owner’s responsibilities. Many franchise owners already operate successfully in this manner.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
