Are you a Business Owner?
Set up your Private Seller Account and create your listing todayGet Started Here
This Omaha franchise location for building maintenance management had over $1M in gross sales during 2016 – a 20% increase from 2015 and 53% increase from 2014. Specializing in subcontracting out to small cleaning outfits, this business currently works with 20 crews cleaning 85 – 90 buildings each week. The franchise model works to grow businesses for subcontractors by managing sales and advertising, as the franchise is NOT a cleaning company but strictly management. It’s a way for small teams to gain new business without having to devote time to growing the business.
As the only franchise location in Nebraska, clients across the Omaha Metro are served on both sides of the river. Services include interior and exterior cleaning. There are 4 full-time employees working 9am to 5pm in the office, either in sales or management. Currently there are 20 subcontractors, each in charge of their own crews. Payment is issued monthly based on the number of buildings that have been cleaned, and contractors oversee their own insurance and most of their equipment needs.
The current owner purchased in 2013 and has dramatically increased sales by over 50%. However, the seller’s main business has also grown and requires much attention. A buyer skilled in sales and management should be able to grow the business to over $3M in sales, which is common for many franchise locations.
Location and Service Area: Serving Douglas & Pottawattamie counties
$9,400/year for 800 sq. ft.
Increase sales – many franchise locations gross $3M in sales with the top earning $11M
Owner’s main business is growing
9am – 5pm, Mon – Fri for office; cleaning done between 6pm and 5am
Purchase Price: $362,500
10% Buyer Down Payment: $36,250
10% Seller Financing: $36,250
80% Bank Loan: $290,000
A 10% down payment of $36,250 would yield a first year’s profit of $70,679 after debts. This represents a 195% return!
If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.Sell Your Business