Profile: Master Franchise For One Of The Most Successful Commercial Cleaning Franchises.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Ken Oppeltz, Broker
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| Primary Phone: |
858-391-3388 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01197451 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/4/09 |
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| Date Last Revised: |
11/9/09 |
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| BizBen Ad #: |
143489 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$500,000 |
| Down Payment: |
$250,000 |
| Annual Revenue: |
$2,068,164 |
| Annual Adjusted Net: |
$255,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Executive Summary
Earn 250K (based on current numbers!) owning this regional franchise for San Diego County with one of nation's most successful commercial cleaning franchises. Commercial cleaning is recession-resistant, and this business has shown consistent growth over the past three years with no sign of slowing down. Multiple profit centers that include unit franchise sales, royalties and equipment rentals drive revenues, and with a highly-qualified staff is already in place and 40 current unit franchises, all that's needed is your energetic leadership to spur significant future growth. Owner financing is available with 250K down to a qualified applicant.
Marketing Summary
This business has many competitive advantages that help sell the company to both potential franchisees and to the commercial cleaning customer. New unit franchise sales are facilitated by offering financing. Quality of service is ensured by providing comprehensive training. Initial equipment, supplies and insurance are offered at discounted rates. Unit franchise owners concentrate on cleaning, and the company provides the cleaning contracts, operational and administrative support.
Strengths Summary
National brand name, reputation, and support; Booming industry that can't be downsized or shipped overseas; Multiple revenue streams from unit sales, royalties and equipment rentals; Professional staff in place; High demand for individuals to "buy a job" by buying a franchise; Exceptional room for growth.
Hours and Staffing
Employs 7. Hours are 8:00 a.m. to 5:00 p.m. Monday - Friday.
Area and Facilities
Centrally located in San Diego County. All operations are handled in the field by the franchisees, so the office serves as the administration center. The facility is approximately 800 square feet with a current monthly rent of approximately 1,725. The lease term ends in November of 2011. All of the necessary office equipment transfers with sale.
Company History
The San Diego franchise was originally opened in 2001 and was purchased in 2004 by a group led by a former unit franchise owner. Since that time, they've grown the business while at the same time building an experienced management team. Today the company has 40 active franchisees who service approximately 145 commercial cleaning accounts.
Financial Summary
2009 projections are revenues of 2.068 million and Seller's Discretionary Earnings (SDE) of 255,000 based upon results ending 09-30-09. Royalties are 6%, ad fund payment 2%. A 5,000 transfer fee will be paid by purchaser.
Additional Information
The business is offered for sale at 500,000. The Sellers will consider financing the purchase to a qualified buyer with 250,000 down and the balance paid over a time and at an interest rate that makes economic sense. This sale is contemplated as an asset sale in which the Seller keeps all cash and their portion of the accounts receivable due on cleaning contracts. (A/R purchased by buyer) The Seller shall be responsible for all payables and to transfer the company free of all debt.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Ken Oppeltz, Broker at 858-391-3388 Non Disclosure Agreement |
See All Our Other Businesses For Sale We Have Available
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