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Non - Franchised Cleaning Business

Location  Texas,United States
Asking Price Range  $250K - $500K
Gross Revenues  $490260
Net Profit / Cash Flow  $155261
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2002
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  Processes and operations are well defined and standardized so this business is easy to run and operate. Seller willing to provide training during transition to new owner.
Reason for Sale  Seller focusing efforts on other business ventures.
Description  Great opportunity to take over a lucrative business with over $155k in annual cash flow! This well established cleaning service has built a great reputation and loyal customer base in the Austin and surrounding areas. The seller has focused her attention on other ventures, and has passed on several opportunities to grow the business. Expand this business with little additional work, or leave it as a cash-generating investment! The combination of its reputation and its satisfied customer base has created a powerful referral engine; word-of-mouth marketing accounts for most of its new referrals. In addition, the business has a well-established web presence, favorable reviews, and an established website that ranks well on search engines. Over the years, the seller has learned through experience which marketing tactics return the most on investment. As such, she allocates the marketing budget only towards campaigns that deliver strong leads, which typically convert into paying customers! Moreover, the marketing budget has accounted for a small percentage of sales (well below industry average) which suggests that there is significant opportunity to increase the marketing effort! The seller has become comfortable with the current cash flows that this business generates and has focused most of her attention and energy on other ventures. As such she hasn't spent time growing the business or addressing some of the opportunities that have presented themselves. For example, the business' existing clients often ask for additional cleaning services such as carpet steaming/shampooing and window cleaning. The seller has chosen not to address this, however, it is an obvious opportunity to increase sales. Another opportunity exists among the segment of households that are in the process of moving. Addressing this niche segment through targeted marketing could yield significant results. The business is also well equipped to expand its commercial business.
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