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Listed by:

Royal Business Brokers

Established Commercial Cleaning Business With Growth Potential In Newark For Sale

Newark, New Jersey, US
Asking Price:
$250,000
Sales Revenue:
$1,236,850
Cash Flow:
Available on request

Great opportunity to purchase an existing regional developer office that has been providing commercial cleaning services in the Greater Newark area (including Morris, Hudson, Essex, and Union counties) since 2019. The current owner has built a solid base of business and the next owner is in a great position to take this business to the next level.

The parent franchisor, established since 1991, provides superior support to 49 regional developer offices consulting over 1,700 unit franchisee globally.

This opportunity caters to an executive level type of owner who is interested in stable cash flows, the opportunity to grow multiple revenue streams in the greater Newark market, and an attractive work-life balance. The current owner has built a solid base over the years with an impressive customer retention rate, loyal staff, and infrastructure in place for continued growth. Additionally, there is the added benefit of helping people in the community realize business ownership and be that bridge to a better life for the unit franchisees and their families.

Property Information

Real Estate:

Lease

Business Operation

Expansion Potential:

This business offers an expansive territory and gives a motivated buyer the opportunity to significantly increase sales through greater digital sales efforts and leveraging best practices from peer Regional Developers.

Competition / Market:

Competition in the area consists mostly of smaller, fragmented players who struggle to match the consistent quality and professionalism that this brand offers. The lack of quality cleaning work is common, which puts this company in a great position to continually gain market share by providing consistent, higher cleaning standards and reliability.

Reasons for selling:

Owner is looking to focus on other interests/semi retirement

Employees:
3
Years established:
5

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Corporate training includes 8 days of initial training at the corporate service center. Regional Developers (RD’s) are also assigned a designated franchise development and operations coaches who will provide support with strategic planning and execution. The brand also holds annual conferences, advance sales and operations training, webinars, and regional meetings.