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Franchised Residential Cleaning Service

Memphis, Tennessee (Shelby County)

Services - Other Miscellaneous services | Services - Other Personal Services

Asking Price $115,000 Inventory $3,000** 
Gross Income $716,353 Real Estate  
Cash Flow $39,993 Year Established 2005
FF&E $25,000* Employees 16

* included in the asking price

** not included in the asking price

The Company is part of a nationally branded franchise system that is the 3rd largest residential cleaning franchise in the country. They have been franchising for over 10 years, and have over 180 franchise owners in the US. Number of customers and profit margins continue to grow every year. The Seller utilizes a unique business management software system to manage and track operations and integrated accounting system to produce accurate financial records and reports. No background in the industry is required as the current ownership did not have any when he purchased the franchise. Complete training and support will be provided. A rare opportunity to purchase a running and profitable franchise with more than attractive terms.

Facilities: Located in an office complex, the company occupies approximately 1,100 square feet. It consists of a combination of office space, training space, and warehouse space. There is additional storage in a mezzanine area that is not included in the square footage. There is ample parking and signage, although customers rarely visit the business premises. Rent is currently $1,100 per month, on a month to month basis. Seller reports that the Landlord is very reasonable and is willing to enter into a long term lease.

Competition: This business is one of the most professionally run residential cleaning services in the region. The franchise system is geared toward obtaining, servicing and retaining customers. Customer numbers have continued to grow every year in spite of recent economic conditions. The company's focus is green; using environmentally friendly and safe cleaning products. Ambitious marketing strategies are used, specifically targeting households with moderate to upper income levels.

Growth/Expansion: The residential cleaning business is a $46 billion industry, and growing. The company enjoys a prime, protected territory in an attractive area of Shelby County.

Financing: 50% of sales price down, balanced financed by owner.

Support/Training: Seller will train Purchaser in addition to training that is provided by the Franchisor.

Reason Selling: Family illness and a career change.

Business For Sale By

Sam Cantor

(901) 722-4826

Sam Cantor & Company

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