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 60โ€“90 days post-sale for transition support (compensation to be agreed upon)
  • Reason for sale: Owner is retiring

Contact Info

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