Business Overview

This will be your chance to own a fully supported commercial cleaning company that generates income from multiple revenue streams.
The “ICONIC” parent franchise company is seeking a new partner with either; executive management or sales management backgrounds to award this highly regarded “blue chip” territory. This is an executively managed business, Mon-Fri, 9am-5pm position. As the area developer you will not be responsible for cleaning. The area developer is responsible for growing unit franchises and supporting the established franchises in the market.
Residual Monthly Revenue Streams Include:
Franchise fees.
Financing of franchise contracts.
Administrating franchise notes.
Monthly royalties.
Marketing fees.
Supplies and equipment leasing and sales.
The area developer purchases the rights to this geographic area. The area developer then sells and supports individual unit franchisees (sub-franchisees). The A.D. is the owner and operator of their own regional company with full support from the prestigious parent franchise company. There is room to grow an additional 50 plus franchise units in this market. Full training and ongoing support will be included.
Contact Paul for detailed information.

Financial

  • Asking Price: $129,900
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2014

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Contact for detailed information about this business.

Is Support & Training Included:

Full training and support will be included.

Pros and Cons:

Highly acclaimed name in the industry.

Opportunities and Growth:

High demand allows continual for long-term growth of this business.

Additional Info

The venture was founded in 2014, making the business 8 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people decide to sell operating businesses. Nonetheless, the genuine factor and the one they say to you might be 2 entirely different things. As an example, they might claim "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these may simply be reasons to try to conceal the reality of changing demographics, increased competitors, recent reduction in revenues, or an array of various other factors. This is why it is really important that you not count completely on a seller's word, however instead, use the seller's solution along with your overall due diligence. This will paint an extra realistic image of the business's existing scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous operating businesses take out loans with the purpose of covering things such as inventory, payroll, accounts payable, so on and so forth. Remember that occasionally this can suggest that earnings margins are too small. Numerous companies fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that should be met or may cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location attract new clients? Many times, operating businesses have repeat customers, which develop the core of their daily profits. Specific factors such as brand-new competition growing up around the area, roadway building and construction, and personnel turn over can affect repeat consumers and adversely affect future incomes. One essential thing to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Certainly, the more people that see the business regularly, the higher the opportunity to construct a returning client base. A last thought is the general location demographics. Is the business located in a largely populated city, or is it located on the outskirts of town? Just how might the local median house earnings impact future income potential?