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Niche Cleaning And Maintenance Franchise For Sale

Virginia Beach County, Virginia, US
Asking Price:
$325,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$519,572
Cash Flow:
$212,728

This niche cleaning and maintenance franchise specializes in reducing fire hazards caused by clogged or compromised dryer vents. The owners have operated the franchise since 2013 and currently have 4 employees including a long-tenured supervisor who oversees the technicians allowing the owners time to work on business development. This profitable business operates with minimal overhead.

Approximately 50% of the gross revenue is generated from single-family customers and 50% is generated from multi-family developments, both with recurring revenue.

With the support of a strong national franchisor, this is a great opportunity to step into a business that is cashflow positive on day one! Sale includes two franchise territories with a population of almost 750,000 residents.

Property Information

Real Estate:

Lease

Premises Details:

For many years, the owners operated this business from home but in the last year has leased a small 2-room facility to house supplies and an office. Lease is $550/mo on a month-to-month basis, and includes parking and utilities.

Business Operation

Expansion Potential:

The dryer vent cleaning industry is poised for substantial growth due to several factors. With an increasing emphasis on energy efficiency and safety, homeowners and businesses are recognizing the importance of maintaining clean dryer vents to prevent fire hazards and improve appliance performance. Additionally, as more households transition to energy-efficient dryers, the need for regular maintenance and cleaning services becomes even more critical. The expanding rental and real estate markets also contribute to the demand, as property managers and landlords prioritize safety inspections and maintenance to protect their investments. Moreover, advancements in technology and equipment are making the cleaning process more efficient, attracting both consumers and entrepreneurs to the industry. As awareness continues to rise and regulations become stricter, the potential for growth in the dryer vent cleaning sector remains promising.

Additional bordering franchise territories available for further expansion.

Competition / Market:

In the competitive landscape of the dryer vent cleaning industry, numerous factors shape the market dynamics. Firstly, there's a growing emphasis on fire safety and energy efficiency, driving demand for regular maintenance services. Established companies vie for market share by offering comprehensive solutions, including vent inspection, cleaning, and repair, often leveraging advanced technologies for efficient service delivery. Additionally, emerging players and independent contractors compete by offering competitive pricing, flexible scheduling, and personalized customer experiences. Regulatory compliance, reputation management, and innovation in service offerings further define the competitive environment, fostering a dynamic industry poised for continued growth.

Reasons for selling:

Owners are retiring.

Trading hours:

Monday-Friday 9am-5pm

Employees:
4 FT
Years established:
11

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.

Financing available:

Lender pre-screened with $65K down.

Furniture / Fixtures value:
$68,212 - included in the asking price
Inventory / Stock value:
$7,096 - included in the asking price