* Included in Asking Price
This is a well-defined Greater Houston Metro franchise territory that includes exclusive rights to six (6) franchise units with above average populations per unit of a major service brand that provides high-demand mold remediation, disinfection services, and indoor air quality services. The six units covers a Greater Houston population of almost 1.2 million in total. The company's services have been identified as an essential business because of the types of services offered to the community in this age of coronavirus.
Sunbelt Business Brokers of Dallas Metro and Bill Nicholson present this excellent opportunity to own an essential business that offers services such as indoor disinfection for homes, businesses, and public areas to eliminate harmful bacteria and viruses. Due to the recent COVID-19 virus outbreak, the company has strengthened its disinfection protocols coupled with the EPA-registered and halo dry fog disinfectant systems to **** 99.99% of viruses and germs, including the coronavirus.
Note that the Buyer has to meet franchisee liquid capital requirements of approximately $250,000 to purchase the six (6) franchise units of this recession-resilient business in the greater Houston Metro area. Again, the primary asset is exclusive rights to a territory with a population of over 1.2 million in the Houston Metro area. The six units would cost $130,000 just to buy from the franchisor. This business transfer includes additional operational and cleaning equipment assets valued in excess of $50,000.
|Competition:||As economic conditions continue recovering, the restoration, cleaning, and janitorial services industry is experiencing growth. Revenue for the administrative and support services industry, which includes janitorial services, jumped 10% in 2014 and then grew another 6-8% annually in 2015-2018. Demand for contracted cleaning services is forecast to grow 3.3% annually through 2023, according to Freedonia Group. Business expansion and lower office vacancy rates are aiding demand for commercial cleaning services. As employment levels and incomes rise, households are also spending more on discretionary items such as maid and carpet cleaning services. Job growth for janitors is projected to be higher than average through 2020 in facilities related to health care and in general where the focus on being coronavirus-free is gaining in importance.
Growing concern with the environment and sustainability issues has led to increased demand for the use of products and services that contain no volatile organic compounds (VOC). Despite increased costs associated with eco-friendly services, both residential and commercial customers are expressing the desire for healthier indoor environments. By utilizing the companyâ€™s proprietary, plant-based enzyme solution and strict protocols, it has set the standard as the leaders in Indoor Air Quality.|
|Growth Potential:||Significant growth opportunities will come from the desire of residential and commercial customers to remove viruses, remove mold, restore water damage, and improve air quality using effective plant-based products and planet-friendly processes. These customer demands will give customers, their families, and pets relief from viruses, mold, allergens, and bacteria without relying on harsh chemicals.|
|Training/Support:||Franchisor will provide training to new franchise owner and manager.|
|Seller Financing:||Possible partial Seller Financing on case-by-case basis.|
|Sale Reason:||The current owners are focused on the same opportunities in other markets.|
Seller Reference #DALLATX004-N21
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