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Listed by:

Blue Stone Business Group

Professional Cleaning Biz With Hundreds Of Active Accounts For Sale

Los Angeles, California, US
Asking Price:
$280,000
Sales Revenue:
$567,000
Cash Flow:
$157,000

Solid Location Selling For ONLY 1.79 x Earnings! YES - THIS IS NOT A TYPO…SELLING FOR ONLY 1.79 X THE 2021 PROJECTED EARNINGS. THIS IS A TOP BRAND Professional CLEANING Franchise – Established in 2005 - with a great established client base providing services to TWO huge territories in Los Angeles County. The company has a well-trained staff, quality cleaning teams, and fully wrapped vehicles. This is one of THE best “Lifestyle” businesses you could ever own -- The business model provides the perfect family friendly operating hours - so your family and personal life doesn’t suffer -- Spend time with your family and do the things you like to do AND have a great business! Contact us for the NDA for further discussion. SEE POSSIBLE DEAL STRUCTURE BELOW...

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WHAT WE DO…We clean homes and offices…BUT this is essentially a highly scalable, executive level management/staffing business. It is not sexy, and perhaps it is not exciting cocktail party fodder, but it can make you great money and is the perfect lifestyle business! We use professionally trained teams to clean and work in the homes and we do a ton of them! No experience in this industry is needed. The franchisor will train you on all you need to know.

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POSSIBLE DEAL STRUCTURE:
• Investment considerations: Projected ROI of 60%!
• Total purchase price: $280,000
• Down payment: $85,000 (required for bank financing)
• Current SDE (the business cash flow): $157,000 (2021 Projections)
• Amount financed $195,000 ($280,000- $85,000 = $195,000)
• Debt service per year (annual note payment): $26,214 (10 years at 6.20% apprx.)
• SDE less debt service: = $130,786 ($157,000 – $26,214 = $130,786)
• Assume - New owner to pull $80,000 a year out of the business in wages
• Remaining SDE (cash flow) AFTER owner wages and paying annual debt service = $50,786 ($157,000 – $80,000 - $26,214 = $50,786). So after making your debt payment each year and paying yourself $80k in wages YOU STILL HAVE $50,786 (LEFT OVER) to do with as you wish (pay down your debt earlier, reinvest the company or take a vacation).

• This scenario does not include working capital which can likely be built into the loan package as a line of credit.

•Important: Do not take our word for it on the investment information, call and meet with your accountant and make sure he/she agrees with the outline above. Do not make any financial investment into this business where your money could be at risk until you agree with your financial advisor's opinion and are comfortable with the presented numbers from the seller.

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Sales for 2018: 774,297 / SDE: 194,768
Sales for 2019: 773,985 / SDE: 220,652
Sales for 2020: 530,160 / SDE: 127,134 (company was shut down for 6 weeks due to covid)
Sales for 2021 (projections) $567,000 / SDE: $157,000
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This is an established Franchise. Sale is confidential.

Non-Disclosure Agreement (NDA) is required. The sale is confidential which is why we are not publishing sensitive financial information or the name. Information provided to qualified buyers with NDA in place.

*Gross Revenue and Cash Flow stated by seller, 2021 projections. *All information, data, financials, valuations, appraisals, real estate values, etc. must be verified with the seller and buyer’s own professional advisors, CPA, etc. Buyers should always verify all information with the seller and their own independent advisors before putting any money at risk.

CONTACT US FOR THE NDA For Details. We will provide the short online NDA form via email. BE SURE to Check your junk/spam email folders.

Property Information

Location:

Established, furnished, well-equipped office. Trained office staff, cleaning teams, supplies, vehicles, etc.

Business Operation

Expansion Potential:

Implement aggressive marketing, advertising. Build community relationships. Follow the franchisor's system/marketing program. Attend trade shows. Oversee the business on a daily basis.

Competition / Market:

*This is a recurring cash-based business – No accounts receivable and No inventory! *The business has a high customer retention rate that keeps you from chasing new customers. *The Monday-Friday 8-5 p.m. work week makes this the perfect lifestyle business that let's you have your weekends and holidays to yourself and for your family. *The business model is turn-key and simple and has been honed and perfected for years, with attractive return on effort, family-friendly working hours, a network of hundreds of peers, and repeat customers who generate multiple recurring revenue streams.

Reasons for selling:

Retiring from industry.

Years established:
2005

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

NO EXPERIENCE IN THIS INDUSTRY IS NEEDED. Extensive training and ongoing support provided by the Franchisor. Training provided during transition by seller as well.

Contact Blue Stone Business Group

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