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Profitable Well Established Franchise Residential Cleaning service For Sale

Mansfield, Texas
Asking Price:
$700,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,383,536
Cash Flow:
$240,255

The company is a well-established franchise residential cleaning service serving a protecting territory including South Irving, all of Arlington, Grand Prairie, Mansfield, Burleson, Kennedale, Midlothian and Cedar Hill. This scalable business has SIGNIFICANT expansion potential and is rated as one of the top-performing franchisees! The owner doesn’t work “in” the business—they work “on” it, focusing on overall business operations, not cleaning homes. The owner has a flexible schedule and works part-time in the business. This is a MONDAY to FRIDAY business … no weekends !
Being a franchise means that there is proven technology, processes and continuous improvement in place for the new owner. The owner founded the business in 2005 and has rapidly grown from 5 to ~27 employees and have expanded facilities twice as the business has grown. Customer count has increased from ~60 to approximately ~587 customers in the 13 years since inception. The Cleaning Industry is a service that every home needs. Consumer spending in this category continues to grow year over year with the U.S. Bureau of Labor Statistics predicts that the overall demand for household cleaning services will grow at an annual rate of 7% through 2018.
Although the residential cleaning industry is very competitive, the business has established a superior business model with excellent service and unmatched by any other franchise company or model. The business has excellent books & records and is recession-resistant. There are many growth opportunities for a new, hands-on owner operator. NOTE: This is an ideal business to obtain an E2 Visa: full-time employees and profitable income for a qualified owner-operator.
The asking price for the assets of the business is $700,000 with $140,000 down and the balance bank financing to a qualified buyer. The seller is willing to finance up to 20% of the purchase price to a purchaser qualified/approved by the Seller, if required by a commercial lender. THE SELLER PREFERS TO SELL FOR ALL-CASH. All financing is to be personally guaranteed. The assets include inventory at cost of $20,000, Accounts Receivables of $2,000, FFEV (Furniture, Fixtures, Equipment and Vehicles) valued at $20,000 and Franchise rights valued at $65,000. The purchaser is responsible to pay any Franchise transfer fees (est $5,000), Franchisor training travel/fees and Franchisor third party commissions (if any). (All fees are estimated by Franchisor and to be confirmed via Franchisor’s FDD.)
KEYWORDS: cleaner cleaning Merry Maids® Maids® Maid Brigade® MaidPro® Cleaning Authority® ServiceMaster® Jani-Pro® Chem-Dry® Jani-King® laundry environmental folding ironing drying washing linen janitor sanitation sell my maid cleaning business for sale

Property information

Real Estate:

Lease

Lease Terms:

The lease expires approximately Nov. 30, 2020. Security deposit is $1,600. Utility costs average approximately $600/mo which includes phones, internet and electric. Water is paid by landlord.

Leasehold Rent:

$1,900 per annum

Location:

business district with easy access to major highways.

Premises Details:

The business occupies approximately ~1,500 SF leased for ~$1,900 per month in a business district with easy access to major highways. The lease expires approximately Nov. 30, 2020. Security deposit is $1,600. Utility costs average approximately $600/mo which includes phones, internet and electric. Water is paid by landlord.

Business Operation

Expansion Potential:

The primary marketing strategy is utilized through the Franchisor marketing methods and their unique aggressive customer acquisition, targeting qualified household markets. The business obtains other leads through customer referrals, internet, websites and local advertising. (magazine, mailers, ads, etc…) The owner feels that the business is currently running at only 50% capacity. The existing territory for this branch in one of the largest within the franchise with enormous potential for extreme growth! A new, energetic owner can further increase sales & profits in many ways: 1) continue implementing PROVEN franchisor sales and marketing program, 2) add sales/estimating personnel to increase customer base, 3) expand within the large existing territory, 4) add certified employee personnel to improve growth revenue

Competition / Market:

The house cleaning industry is very competitive. The major competitors include independents and franchises such as Merry Maids®, The Maids®, the Maid Brigade® MaidPro®, Cleaning Authority®, ServiceMaster®, Jani-Pro®, Chem-Dry® and Jani-King®. Despite the presence of competitors, this business has thrived, grown and has SIGNIFICANT scalability/growth for a new owner. Independents can easily start with minimum capital and, sometimes, without insurance or bonding. However, independents do not offer the repeatability, reliability and systems provided by a franchise. The seller feels that independents do not have the depth to handle large numbers of customers and are limited in size and scalability. Independents typically work IN their business, often cleaning homes as part of crews. Franchise competitors do not offer the proprietary franchise systems, tools and resources provided by this franchisor. The franchise is a tested business model with franchisees generating higher revenue than their competitor franchises.

Reasons for selling:

The owner has successfully built and grown the business: plans to take time off

Employees:
25+
Years established:
2005

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Comprehensive training and transition will be provided both by the Seller and by the Franchisor. Initial Training will include hands-on business management, classroom education learning technology and marketing tools, management best practices, employee training and management, and financials. Additionally, the seller will train buyer for 2 weeks after closing included with the purchase price. Seller is willing to provide additional training at mutually agreeable fixed compensation to assist with general management functions for a finite period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Price $700,000: $140K down with balance bank/seller-financing

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$20,000 - included in the asking price
Related Documents:
Relocatable:
This business can be relocated.

Contact Information

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