LISTING DETAILS
Listing Status: Available
Asking Price: $360,000
Total Sales: $428,316
Cash Flow: $150,299
Real Estate Asking Price: N/A
FFE: $32,500
Inventory: $1,500
Year Established: 2007
Employees: 9
Description
Business Summary:
Excellent opportunity to own an established and reliable residential cleaning service based in Fredericksburg, Virginia. The business was founded in 2007 and serves clients across the greater Fredericksburg area including Stafford, King George, and Spotsylvania counties. The owner puts an emphasis on providing high quality cleaning services and building long term relationships with customers. The business currently operates from a home office so the business can easily be relocated within the service area.
The business currently serves approximately 120 clients on a weekly, biweekly and monthly basis. There are commercial office space accounts in the mix along with one doctor’s office that is cleaned 3 times per week after 4 pm. The doctor’s office is opening a new location in late summer so that will be a new location to clean. The business has relationships with a number of property management and real estate firms to provide “move in/move out” and “listing” cleaning services. They also clean some rental properties and even travel out of the primary service area to do so. A significant portion of the business comes via referrals and word of mouth. The business has shown growing revenue and cash flow numbers over the last four years and there was no real negative impact to performance of the business due to the pandemic.
After over 15 years of owning and operating the business the owner has decided it’s time to retire and is looking to relocate out of the area. This represents an excellent opportunity to take over a well-run business with a reliable customer base. The greater Fredericksburg area has seen significant and sustained growth over the past 10 years and this trend is forecasted to continue into the future. Don’t miss out on this opportunity and contact us today to learn more!
Description of Facilities: The business is currently home based in Fredericksburg, VA and could easily be relocated anywhere in the service area.
Competition: There is standard competition for the industry and market. This business has been established for over 15 years with a lot of business coming from referrals and word of mouth.
Growth & Expansion: There is room to grow and expand the business in a number of different ways. A new owner might consider expanding into evening/night commercial cleaning services. There isn’t currently much spent on marketing and advertising, so that could be an attractive customer acquisition area. The business has a website, but it can be overhauled to offer for features to attract new customers and create awareness about the business.
Seller Financing Available: Yes
Reason for sale: Owner is retiring and moving out of the area.
Training & Support: Seller will provide necessary training and support.
For more information on this listing, please complete our Non-Disclosure Agreement
