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Established Residential Home Cleaning Co
Location: United States -> Colorado
Industry: Professional Services > Other Professional Services




Business Summary

16 Yr Old Residential Home Cleaning Service
Location: Home Based Business with storage facility in South Denver

The trailing 12 months revenues through July 2017 were $465,891 with adjusted earnings of $207,691. The owner has no manager and only works 17 hours per work on average. Her system will allow the new owner to spend the majority of their time growing the business.

This house cleaning business was started by her from 0 in 2001 without any experience. It is 90% residential with some commercial cleaning over the weekends. She has 12 and 15 year old kids that she home schools, manages ones soccer team, and travels for both fun and her other kids equestrian competitions. She only works 15 to 20 hours a week in this business. She has consistently maintained a client base of approximately 100 clients while working out of her house and using a storage shed to stage the cleaners every week.

This business is a great buy based on the following: 90% recurring revenues, owner does not have time to grow it only working 15 to 20 hours a week, owner has developed a system that will allow a new owner to spend most of their time growing the business.

The sales price is $485,000 plus inventory which is expected to be less than $3,000. The sales price INCLUDES the equipment. This means the business is priced at less than 2 1/2 times the earnings.

For a Full Sales Package, contact Jeff at 303-905-7607 or Business Broker Colorado.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $465,000
Cash Flow:   $207,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2001
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Will stay as long as needed
Reason For Selling:  Wants to spend more time with family




Print Listing Id: 700285225
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