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Asking Price: $235,000

Local Business - Hood Cleaning - Greensboro

Greensboro, NC
Guilford County

This is a highly successful, scale-able, hood cleaning business. The sale price includes late model vehicles, and all equipment and chemical assets needed to run daily operations. Kitchen Hood Cleaning is REQUIRED BY LAW (MANDATORY) for every Restaurant, Hospital, Hotel, University, Public School, Grocery Store, Nursing Home, etc. On average these institutions are cleaned 4 times a year.The owner focuses is on building relationships & accounts, and overseeing technicians. We are a “GREEN” company using only Greenblendz cleaning products. When given the option 90% of consumers choose “GREEN” companies over non-GREEN when costs are comparable. National accounts include McDonalds, Burger King, Arby’s, Applebee’s and Boeing, to name a few. This is a highly profitable business with an average ticket price of $844.00 per job. It is a recession resistant Services that is required by law. It has a repeating customer base - on average 4 times a year per customer. It is a company with a limited number of organized competitors.Other Key points:-          Recession resistant-          Executively operated business allowing flexible lifestyle-          Recurring customer base-          Cash-based model-          Multiple revenue streams-          Low overhead-          High scalability-          Continued growth opportunitiesContact Steve for detailed information about this business.

Cash Flow $213,000
Revenue $844,000

Asking Price: $1,199,999

Executive Model Janitorial Space-Recurring Revenue

Not Disclosed, NC
Not disclosed

This is a well-established Master janitorial franchise in the central NC area that has been offering cutting-edge cleaning services with a heavy focus on customer service. The company has been in business since 1988,and this individual business owner has been operating since 2008.  The company provides cleaning and janitorial services to a wide variety of commercial clients. As a master franchise, this business requires owner to manage new client cleaning contracts, unit franchises, and new franchise sales.  This regional developer currently has 91 franchisees in the territory.Among the revenue streams are:1. Royalties: The Franchisor collects 16% of the Unit franchisee gross revenue (the Master Franchise/Area Developer and the Franchisor split the royalty 70/30).  With an additional 4% going to the Area Developer for Insurance (this is a small profit center).2. Commissions: The company receives 85% of new franchise sales (Franchisor gets 15%)3. Upgrades : When they book a new Janitorial contract, the Contract may be offered to one of the existing franchisees. If the franchisee accepts the contracts, they are obligated to pay 3 months of the contractual monthly billing for that contract. (generally, over 12 months, deducted from franchisees proceeds)  (earned but not paid) currently at $234,279 (as of 7/15 /24) 4.  A loan portfolio (financed franchise fees for a maximum of 36 months). The portfolio is currently valued at $18,883. (as of 7/15/24) To be paid to the seller within 30 days as paid by the franchisor to the Area Developer (Buyer)

Cash Flow $346,687
Revenue $542,059

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