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Midlothian, TX Businesses For Sale

1 Midlothian, TX Businesses For Sale Found.

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$100,000 Cash Flow: $73,584 Seller Financing
Profitable, well-established home cleaning service 19726

Arlington, TX

Company is an established English-speaking cleaning service providing residential (and limited commercial service) to the Arlington, Mansfield, Kennedale and Grand Prairie area. Services include, regular weekly service, one-time cleans, move-in, move-out and priority style cleaning. Teams work in groups of one, two (regularly) and sometimes three, depending on the size of the job. The founder started the business from their home in August 2004. During their 12 years, the company has grown from two independent contractors to eight contractors, cleaning approximately 150-170 homes per month. Ticket average is approximately $125 per cleaning. The independent contractors supply their vehicles, equipment and cleaning supplies. The business is bonded at an annual cost of approximately $90. This NON-FRANCHISE business has EXCELLENT BOOKS AND RECORDS. The company is run from a home office, so no overhead is incurred. The owner takes care of monthly sales tax, weekly payroll, advertising, and oversees operations. He works approximately 5 hours per week. The owner's wife is manager and works 30-40 hours per week. Both the owner and manager are non-Spanish speaking. The business has unlimited growth opportunities for a new, aggressive owner. They have an A+ rating on Angie’s List with multiple endorsements from their many satisfied customers. The company currently has 3 teams (5 leads) cleaning approximately 150 homes per month. They have stability in the team leads, with two that have been with the company for 9 years, two for 2.5 years and one for 1 year. The owner expects that all contractors will stay with the business. The asking price for the assets of the business is $100,000 with $60,000 down and $40,000 balance seller-financed to purchasers approved and qualified by Seller for 3 yrs @ 6% (~$1,216.88/month). All financing is to be personally guaranteed. The assets include the business name, client base, website and FFE (Furniture, Fixtures and Equipment) described on the attached list valued at $1,000.