Off Market
Off Market
Commercial Cleaning Service Franchise
$425,000
Mercer County, WV
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Gross Revenue
$968,053
Owner's Cash Flow
$232,828
Min Down Payment
$42,500
Employees
20 PT, 1 FT
Business Summary
The owners have been managing the business for 5 years after purchasing the franchise from its original owners who operated the business in the region for more than three decades. As the only cleaning company in the area backed by franchise expertise, the owners have been able to assist customers using the tools they have access to through the connections given by the franchise. The business offers a full-suite of cleaning services and specializes in disaster clean-up for floods and other natural disasters.
Key Highlights
Year established
2017
Real estate
Leased
Reason for selling
The co-owners are parting ways and pursuing separate ventures.
Support and training
The current owners are willing to stick around for up to 6 months to help with the transition.
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $1,980 | $738 | $1,509 |
| COGS | $1,661 | $227 | $2,591 |
| Gross Income | $319 | $511 | ($1,082) |
| Operating Expenses | $9,407 | $7,880 | $7,358 |
| Operating Incomes | ($9,088) | ($7,369) | ($8,440) |
| Net Other Income (Expenses) | ($727) | ($7,977) | ($5,715) |
| Net Income | ($9,815) | ($15,346) | ($14,155) |
| Interest | $9,379 | $5,808 | $5,292 |
| Depreciation | $5,675 | $6,396 | $2,216 |
| Amortization | $1,264 | $7,555 | $3,093 |
| EBITDA | $6,503 | $4,413 | ($3,554) |
| Add-backs | $49,523 | $70,741 | $66,627 |
| Owner's Cash Flow | $56,026 | $75,154 | $63,073 |
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Projected Free Cash Flow
