Franchise Maid Service

File# C2318
Location: Genesee County
Business Price: $185,000
Down Payment: $85,000
Monthly Payment:$1980.12
Interest Rate: 7%
Amortization Period:60 months
Gross Sales: $420,246
Source: 2016 P & L
Cash Flow: $95,332
Source: 2016 P & L
Inventory: $500.00
Days Open: 5 days
Business Hours: Mon-Fri 7:30 - 5:00
Licences Required:Franchise
Year Established:1997
Year Acquired: 2013
Monthly Rent:$500


Great opportunity to own a well-established franchise maid service located in and servicing Genesee County. The current owner has grown the business almost 40% over the last 3 years. They are only selling so the wife can raise their children. This is a profitable turn key operation that comes with 6 vehicles and all the equipment needed to service the customers. Average cleaning fee is $110. Move INS and move outs are @ $85 per hour for a team of 2 maids. Training is one week at corporate (local) and one week with another franchisee. Training/transfer fee is $9900 and to be paid by Purchaser. Don’t miss out on this fantastic opportunity!
Note: Royalties are as follows:
6% on the first $312,000
5% $312,001-$624,000
4% $624,001-$936,000
3% $936,001 & up.

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This information has been supplied to Broker, Capital 1 Commercial Group, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.