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Asking Price$440,000
Revenue$304,000 Established1987
Cash Flow$160,000 Employees6 full, 2 part
FF&E$40,000* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed Home-basedYes
* Included in Asking Price
This independent cleaning company has a unique business model that produces steady revenues and net cash flows over 50% of gross revenues.  The company's business model allows it to keep customers and employees for the long run with exceptionally low employee turnover over its 33 years of operation.  This business model results in steady revenues and cash flows as evidenced by the most recent 10 years of financial statements to be shared with serious buyers.

Sunbelt Business Brokers of Dallas Metro and Jermaine Howard present this excellent opportunity to own a very unique, 33-year established cleaning business with a proven business model with solid top line revenues and healthy bottom line cash flows.  The company has a database of recurring customers and it currently does very little advertising.  The business could easily double in revenues and cash flow if desired by the new owner.
Competition:As the baby boomer generation enters retirement, demand for residential cleaning services should increase, as aging adults look to outsource housekeeping tasks. The population of adults age 65 and older is projected to increase 30% between 2020 and 2030. Older adults sometimes lack the physical ability or struggle to perform cleaning tasks, and many affluent baby boomers have the financial resources to hire cleaning services. Growth in dual income households, with higher incomes and limited free time, can also help drive demand for cleaning services.
Growth Potential:As economic conditions strengthen, the janitorial services industry is experiencing growth. Revenue for the administrative and support services industry, which includes janitorial services, grew 6-8% annually in 2015-2018 and 3.2% in 2019. 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 in facilities related to health care. The COVID-19 pandemic also increased demand for cleaning services to reduce transmission.
Training/Support:Current owner will stay on for 1-2 months to provide training to ensure a smooth transition.
Ad #121678
Seller Reference #DALLATX004-N23
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Contact This Seller
Bill Nicholson
(972) 528 8710
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