Residential and Commercial Cleaning Business for Sale

$180,000

Canton, MA

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Cash Flow:
$68,000
Pretax Income:
$8,700
Gross Revenue:
$309,800
Established:
2014

About the Business

In 2014, the owner’s previous employer decided to close up shop. Driven by a strong desire to keep his customers happy, the owner decided to open up his own shop. 7 years later, the owner has grown the business to gross over $300,000 annually.

Owner attributes this growth to repeat customers, a strong SEO ranking, and high Google reviews. The operation invests around $450 per month into search optimization and website maintenance. Doing right by the shop’s customers has landed the business dozens of Google Reviews with an average rating of 5 stars as well as many reviews on HomeAdvisor with an average rating of 4.8 stars.

The company operates three different revenue lines: commercial janitorial services for offices, recurring residential cleaning for homeowners, and adhoc specialty residential cleaning (e.g. deep cleaning). While the first two revenue lines are able to provide a strong repeating base of revenue, the last revenue line delivers high margins. Together these offerings make for a profitable, stable cleaning operation.

This firm is the ideal turn-key cleaning company for an individual looking to own a home services business or attach an add-on to an existing professional services business.

Detailed Information

Employees
5 FT
Market & Competition

One of the large competitive advantages of the company is its online presence and reviews. It consistently scores well in search engine optimization and has very high average reviews across a variety of websites. This has meant that the owner has been forced to turn down clients over the past year as he tries to stay afloat.

Growth & Expansion

There are a number of opportunities at hand. On the one hand, there are a number of products and services that can be sold to existing customers: carpet cleaning, floor refinishing, power washing, tile and grout cleaning. On the other hand, simply investing in hiring more cleaners and supervisors will contribute to growing the topline.

Lease Expiration
N/A
Real Estate
Home-based
Facilities

The business rents a small office for $300/mo. The owner uses this office to work on administrative tasks. He stores all supplies and equipment at his home.

Support & Training

The owner is willing to stay on for at least 3 months to help introduce the buyer to key clientele and the main operational details of the business.

Reason for Selling

Retirement.

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