**DEAL PENDING** Franchise Maid Service For Sale

Plymouth County, MA

**DEAL PENDING** Franchise Maid Service For Sale
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Asking Price: $525,000

Cash Flow: $199,000

Gross Revenue: $1,029,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $350,000*

Established: N/A

*not included in asking price.

**DEAL PENDING** Franchise Maid Service For Sale

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Business Description

**DEAL PENDING** A subscription business, where customers pay for a service on a regular basis, is a great business. That’s what this business has. Their average customer has been with them for over 6 years, getting cleaning services on a regular basis. That’s an income you can count on.

This business, and the franchise, focus on the higher end of the market – customers looking for a premium service and willing to pay a premium price for it. According to IBISWorld, the top 25% of households, by income, generate 47% of the income to maid service franchises. The towns this business services are among the most affluent south of Boston.

The franchised maid service industry is growing and profitable. According to an IBISWorld report, the revenues grew 2.8% per year in the last 5 years. It is also very profitable – with profits of 11.8% of revenues. Franchised maid service has some important advantages over independents. They are a higher level of service, greater comfort with someone going into their home, and the elimination of the need to find a new cleaner from time to time.

The business has located in an area with easy access by potential employees. Many of the cleaners have been with the business for several years. The average tenure is 6 years. The owner focuses on sales and overall management of the business and has a field supervisor to manage the cleaners.

The real estate is also available for sale at $350,000 additional or for rent: $1,800/mos/NNN.

Attached Documents


Detailed Information

Location:
Plymouth County, MA
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Growth & Expansion:
Additional, related, services can be added, such as window cleaning and carpet cleaning. Marketing can also be increased to grow the business.
Support & Training:
The seller will provide training and support to ensure a smooth transition.
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(from currently available funds)
 
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Marc Gudema, CBI

Business Listed By:
Marc Gudema

BayState Business Brokers

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Memberships & Certifications:
Indicates membership in The New England Business Brokers Association (NEBBA).

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