SellerForce® presents a long-established Commercial Cleaning Brand that has been in business for over 35 years. They offer a useful line of services, which include carpet cleaning, window cleaning, power washing, tile and floor cleaning, and stripping and waxing.
The brand has a collection of valuable assets, including 3 vans, 1 pickup truck, 1 carpet extraction truck mounted van, 2 ride on Zamboni machines and 2 walk behind Zamboni machines.
They currently have between 80 and 100 active clients, many of whom are satisfied enough that they stay with the brand on a long-term basis. The company boasts an impressive 95% client retention rate, strong 5- star Google reviews, and a thriving local presence. They have 45% Net Profit Margins and a CAGR of 13% over the past 3 years.
While most of their revenue comes from their commercial cleaning service, they recently added Property Management as a service, which now accounts for 15% of the brand’s total revenue. Their services are provided by their 30 capable employees, consisting of 2 managers, and 28 laborers. All these workers are willing to stay post-sale, allowing a buyer to run the business with the help of an experienced team.
The current owners are responsible for pricing, invoicing, and banking, with one working 1 to 10 hours per week, and the other putting in around 20 to 30 hours per week. The company attracts new clients through word-of-mouth referrals, their glowing Google reviews, advertising, references, their branded trucks, and a billboard hosted on a major highway.
A buyer can increase their reach and target more clients by taking a proactive advertising approach on social media. By building a strong presence on sites like Facebook and Instagram, they could boost their brand image and their reputability.
The company could also redesign their website for improved client experience, as it is currently dated and could benefit from redevelopment. They could then hire outside salespeople to sell and nurture accounts. Additional advertising would also allow them to drive more traffic to their property management service for more diversified revenue.
Finally, a buyer could sign contracts with large warehouse accounts and have 1 to 3 employees on the road picking up accounts and stopping into existing accounts for quality control.
This acquisition has built a healthy reputation for themselves throughout the years, which a buyer can use to expand and generate even stronger profits.
Contact SellerForce today if you’re interested in learning more about this seasoned deal.
Listing ID: SF417
