47 Year Old Franchise Cleaning Company For Sale - Business for Sale
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Franchise Cleaning Company Serving Cambridge and Boston, MA
Cambridge, MA, US
Added 4 months ago
Franchise Cleaning Service
Retiring Owner
This is a franchise cleaning company serving Cambridge, Boston, and surrounding Massachusetts markets, operating for 47 years with a staff of 10 and an office on a main road.
Key Information
Asking
$425K
Revenue
$508K
Earnings
$130K
Multiple
3.3x
Key Highlights
- Payroll expense: $315,934
- Rent: $22,615 per year ($1,884/month) for ~800 sq ft office
- Advertising expense: $3,261
- Insurance expense: $18,650
- Business operates as a franchise
- Business has served the market for 47 years; current owner since 2015
- Staff: 10 employees (8 cleaners, 1 office manager, 1 part-time social media assistant)
- Includes 2 company vehicles (cleaners use personal vehicles)
- Owner is not operational in the field; handles quoting, scheduling, team management, and customer communication
- Service territory includes Cambridge, Boston, Allston, Brighton, Somerville, and surrounding areas
- Owner compensation: ~$1,600/week; owner's spouse: ~$600/week
- Current owner willing to stay on for 60โ90 days post-sale for transition support (compensation to be agreed upon)
- Reason for sale: Owner is retiring
Contact Info
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