Janitorial Franchise in Central NC.

Featured on BusinessForSale.com . 12 viewed

Asking Price

$1,199,999

FOR SALE - ACTIVE

Detailed Information

Location

Not Disclosed, North Carolina, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This is a long-standing Master janitorial franchise located in central North Carolina, known for its advanced cleaning services and unwavering commitment to customer satisfaction. With a history dating back to 1988, the current business owner has been running operations since 2008. Specializing in commercial cleaning and janitorial services, the company serves a diverse range of clients, overseeing new client contracts, unit franchises, and franchise sales. Presently, the regional developer manages 91 franchisees within the specified territory. The business generates revenue through multiple channels: royalties account for 16% of franchisees' gross revenue, with a 20% total split (4% going to the franchisor), while commissions are earned from new franchise sales at an 85%-15% split. Additionally, the company offers existing franchisees first dibs on new janitorial contracts, with a requirement to pay 3 months of the monthly billing for accepted contracts. Notably, there is a loan portfolio in place

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