This is a great opportunity to acquire an ongoing and successful commercial cleaning master franchise license with multiple and recurring revenue streams and a large upside for growth.
The function of the Master License Franchise owner and staff (5 people) is to acquire commercial cleaning contracts from a variety of business customers and to find and develop the franchise owners that will provide the cleaning services to fulfill those contracts. In addition to the cleaning revenue generated from repeat customers, other revenue streams come from royalties, franchise sales, account upgrade sales, insurance sales, financing notes and equipment sales.
The current owner is ready to retire from the business and pursue other interests. The business has shown excellent year over year growth - even through the recession years of 2008 - 2011. Last year, the business produced cash flow to the owner exceeding $250,000.
While the owner has grown the operation, due diligence will show that the upside potential could exceed double the current size. There is precedence for this as other Master License Franchise owners in similar or even smaller markets across the U.S. generate sales that exceed those of this particular location. Currently franchise metrics have the market penetration of this business in NJ at 1.5%, with significant room for growth.
Required Licenses: Business
Seller Reference #LINDENJ001-N680
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