This Northern California based Facility Services and Solutions franchise is a California Limited Liability Company that has been in business for almost 2 years under the current ownership. This franchise has over 60 years of experience, specializing in dozens of interior and exterior maintenance services. They work with their customers to develop customized solutions for their facility’s unique needs. Some of the services they provide include janitorial services, disinfecting services, commercial cleaning, construction cleans, handyman services, parking lot services, lawn and landscaping services, just to name a few. They also can provide annual maintenance programs as well. From carpets to blinds to painting to pest control, they can do anything needed. They are a B2B recession-resistant, recurring revenue franchise concept in the United States and Canada.
This franchise location is in a highly desirable location, and the Seller has been judiciously adding new accounts and building up the recurring revenue model. Additional growth can be obtained by increasing marketing and advertising and potentially adding a salesperson to help drive further growth and market penetration.
Financial Information
$450,000
Asking Price
On request
Cash Flow
$1,000,000
Gross Revenue
Negotiable
Down Payment
Yes
Financing
Business Location
City:
Northern California
State:California
Financing Comments
The Seller is willing to carry a Promissory Note for part of the purchase price. The amount carried will depend on the purchase price and the quality of the Buyer.
Reason for Sale
The reason for selling is the Seller would like to pursue other interests.
Detailed information
Year Established:2022
Home Based:No
Franchise:Yes
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:N/A
Contractors:20
Owner Worked Hours/w:40
Adjusted EBITDA:
On request
Inventory Included: No
Monthly Rent:
$1,615
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 995
FF&E Included?: Yes
FF&E Value: $25,000
Training/Support
The Seller is willing to train the new Owner for up to 4 weeks at 20 hours per week. Additional training from the Seller is available at mutually agreed upon compensation from the Seller to the Buyer.
Market Outlook/Competition
The facility management services market size in North America is forecasted to increase by $114.36B from 2022 to 2027, and a CAGR of 7.69% according to recent market studies. The growth of the market will be driven by the growth of infrastructure development, the rising outsourcing activities in building management, and the growing need of safety and security.