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Well-Established House Cleaning Franchise-Semi Absentee Business In Los Angeles County For Sale

Los Angeles County, California - South, US
Asking Price:
$307,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,017,743
Cash Flow:
$132,294

Molly Maid is a well-established residential cleaning franchise with 400+ worldwide locations. This particular franchisee opened over 24 years ago and operates two large territories, in Southern California. They clean an average of 20 houses per day and 100 per week, with an average price per clean of $200+.


The staff consists of 16 fulltime, tenured housekeepers. The business comes with all the necessary equipment and supplies. The owner is semi-absentee and only works approx. 25 hours/week, overseeing the crews' route schedule (to maximize efficiency and revenue) and engage with the employees to ensure high morale. The business is primarily employee run, and operates out of a small office that is not centrally located.


The current owner has done a fantastic job growing the business and 2023 continues that trend with an 10.3% revenue increase over 2022. However, the seller has an established career and is looking to focus 100% on that venture, so the time has come for him to pass his beloved business to a qualified buyer. There is a great deal of opportunity to grow: first and foremost, move the office to a more central location. Not only will you reduce rent and parking expense, but you'll increase route efficiency, which means adding more cleanings (and therefore profit!) without increasing staff/payroll or auto and fuel expenses. In addition, there is room to expand to commercial cleaning and weekend residential cleaning: current clients are 99% residential and weekdays only. The territory is extremely large and there is no shortage of business!


Molly Maid is a highly profitable opportunity for anyone looking to purchase a turnkey, well-established house cleaning franchise. If you're looking for a business with a solid foundation with repeat clientele, that doesn't require being on-call 24/7/365, and has a huge room to grow revenues and minimize expenses, then reach out to the Agent today!

Property Information

Real Estate:

Lease

Lease Terms:

Base Rent: $1256mo, CAM $60mo, Month to Month Lease

Leasehold Rent:

$14,592 per annum

Location:

2 Molly Maid territories are included with purchase, covering Sherman Oaks, Burbank, La Crescenta, Studio City, Glendale and Pasadena.

Premises Details:

Assets include 7 branded Molly Maid cars (Nissan Versas) and one non-branded Corolla (owner's daily car), which is included with sale as buyer assumes the lease. Additional equipment includes 16 large vacuums, 16 small vacuums, brooms, mops, buckets, bottles, 2 computers with CRM and scheduling software, office supplies, furniture, and cleaning supplies.

Size in square feet:
450

Business Operation

Expansion Potential:

Office lease is currently month-to-month. It should be relocated more centrally, to reduce rent and parking expenses and enable more weekly cleanings with the same staff. This will increase profit without hiring more staff or purchase more equipment/cars.

Reasons for selling:

Focus on Primary Career

Employees:
16
Years established:
1999

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Royalties: 6.5%. National Marketing Fund: 7%.
Tiered Local Marketing Fund: $1/household if gross sales are under $15k/week; $0.50 if sales are $15k - $20k/week; $0.25 if sales are: $20k-$25k/week; $0.15 if sales are more than $25k/week

Other Information

Support & training:

Franchise and Owner will Support and Train

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

Seller open to financing a small portion if necessary

Inventory / Stock value:
$2,000 - included in the asking price