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ServiceFor Sale

Established Franklin Commercial & Residential Cleaning Services with 27-Year Track Record

Franklin, Iowa

About This Business

This well-established cleaning service business has been serving the Franklin, Iowa community since 1997, building an impressive reputation built on reliability and quality workmanship. With annual revenue of $452,138 and a healthy cash flow of $37,678, this operation demonstrates consistent profitability and strong market demand. The business maintains a loyal client base including commercial properties, residential accounts, and specialty cleaning contracts throughout the region. The company operates with an efficient 14-person team, providing comprehensive cleaning solutions including commercial office cleaning, post-construction cleanup, carpet and upholstery services, and residential deep cleaning. The established infrastructure includes equipment, vehicles, and proven operational systems that allow for seamless management and growth potential. The owner is relocating and seeking a qualified buyer to continue this trusted local business. With over two decades of established relationships with clients and vendors, this represents an exceptional opportunity to acquire a revenue-generating service business in a stable market with minimal startup risk and immediate cash flow generation.

Financial Details

Asking Price
$190,000
Cash Flow
$40,000
Gross Revenue
$450,000
EBITDA
$30,000
Inventory
N/A

Business Details

Established
1997
Employees
14
Real Estate
Own
Reason for Selling
Relocating
Financing
No
Training
Yes

Deal Analysis

Estimated figures for analysis purposes only. Consult a financial advisor.

Price/SDE Multiple
4.8x
Price/Revenue
0.4x
DSCR
1.68
Cash on Cash ROI
-230.7%
Down Payment (SBA 10%)$19,000
Loan Amount$171,000
Monthly Payment$1,985/mo
Annual Debt Service$23,825
Owner Salary$60,000
Cash Flow After Debt + Salary$-43,825
Asking Price
$190,000
Cash Flow: $40,000

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