Home Cleaning Business - 100% Absentee/Remote

Cuyahoga County, OH

Seller Financing Available
Home Cleaning Business - 100% Absentee/Remote
Contact Seller

Asking Price: $529,000

Cash Flow: $126,000

Gross Revenue: $509,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2015

Home Cleaning Business - 100% Absentee/Remote

Save Print Share Valuation Report

Business Description

This is a turn-key home cleaning business which runs wonderfully without owner involvement.

Listed financials are based on accurate books through Q3 and a projected conservative Q4. 2019 has seen 25% growth over 2018.

2018 financials: Revenue: $393,000 & Cash Flow: $99,500

This business has management in place to take care of 99% of the day to day operations. There is no office, and no supply or equipment management whatsoever. This business can be ran from anywhere. Owner has spent 6 straight months out of the country while the business hummed along wonderfully. Truly, this business is hands off.

There are currently 7 cleaning teams of 2 people each. Management takes care of scheduling, phone calls, emails, quotes, and complaints. Several long term cleaners have been with company for 4+ years. No reason for any cleaner or manager to leave after sale as changing ownership should not affect their job.

The business has the best online reputation in a major market over it's competitors. It's more of a "premier" cleaning company with high prices and high margins for the owner. There is absolutely zero print advertising done. 20+ calls a day come from customers who find the company online through various websites. Massive recurring customer base which accounts for 72% of monthly revenue. The large recurring revenue base is fantastic because it can be counted on month after month. Customers truly love the company for how great the customer service is.

Detailed Information

Location:
Cuyahoga County, OH
Facilities:
Home Based
Competition:
Large market of 1 million + people. Several cleaning companies in the area but this business has continued to grow.
Growth & Expansion:
There's tons of room for growth. Recurring customer base continues to grow which has a snowball affect. Nowhere near market saturation. Some ideas to implement: 1) Simply bringing on more additional cleaning teams would increase growth. Business is currently turning down work. 2) One manager is only part time and has several free hours a day. They could be trained to begin cold calling every apartment and business in the area about cleaning services. 3) Begin print advertising (door hangers, mailers)
Support & Training:
Happy to offer 2-3 weeks of free training. Open to partnering for further guidance or assistance.
Reason for Selling:
Owner is pursuing new career
Home-Based:
This business is Home-Based
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
Not Disclosed

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1684437 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


NuVinAir

Franchise Opportunity
Cash Required: $200,000