47 Year Old Franchise Cleaning Company For Sale

Description

Cleaning franchise for sale serving Boston, Cambridge, Somerville and surrounding markets. The business has operated under current ownership since 2015, while the franchise brand has served the market for approximately 47 years.

Financials

• Annual revenue: approximately $508,000
• Seller's Discretionary Earnings: approximately $130,000
• Payroll: approximately $315,934
• Annual rent: approximately $22,615
• Asking price: $425,000

Buyers should review the SDE calculation, payroll structure and other operating expenses against tax returns and current financial statements.

Team

• Eight cleaning staff
• One office manager
• One part-time social media assistant
• Ten employees in total

The seller reports that most employees have been with the business for an extended period and are expected to remain after a sale, although continued employment should be confirmed directly.

Owner role

The current owner does not perform cleaning work in the field. Their responsibilities are primarily quoting, scheduling and overall management, much of which is handled remotely.

Location and territory

The company operates from approximately 800 sq. ft. of office space on a busy main road and serves several Greater Boston markets, including Boston, Cambridge and Somerville.

The exact business location is available after execution of a confidentiality agreement.

Growth

The seller estimates that revenue could increase by approximately 30% within six months through stronger digital marketing. This should be treated as a seller projection rather than a guaranteed result.

• Increase digital advertising
• Improve local search visibility
• Add residential or commercial accounts
• Increase referral activity
• Expand cleaning staff as demand grows

Transition and franchise

The owner is selling in preparation for retirement and plans to provide approximately 60 to 90 days of transition support.

Continued operation under the existing franchise brand will be subject to franchisor approval, transfer requirements and the applicable franchise agreement.

Due diligence

Buyers should verify historical revenue and SDE, customer concentration, recurring contracts, employee compensation and classification, lease terms, franchise royalties and fees, territory rights, insurance, equipment ownership and current-year performance before closing.