Established in 2011, this reputable professional cleaning and maid services business serves residential and commercial clients in the York and Simcoe region. Capitalizing on their high customer retention rate, the company grows organically through word-of-mouth referrals. Operating with a home based model, the business can easily be relocated. The business demonstrates recurring revenues as well as improving margins. Revenue streams are highly diversified and sales are steady throughout the year with no seasonality trends. Operating with eight professional maids and one supervisor, the business has low owner-dependency. The current owner will provide training to assist with the transition period.
The Professional Cleaning Services industry is well positioned for growth driven by increasing discretionary income which will generate demand for house maids. In addition, continued immigration to Canada and the growth in residential housing will drive further growth to the industry.
This is an ideal opportunity for a buyer seeking to acquire a business with an existing book of clients and recurring revenues. This business can be operated by a manager with strong organizational and leadership skills, with minimal owner dependency.
Asking Price: $130,000
Normalized SDE: $92,000
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