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Cleaning and property management business
Business Description
This is a unique white glove cleaning and property management services business located in Palm Beach County, Florida. The business currently has forty-nine (49) homes under management for high-net-worth clients. The business routinely provides cleaning, maintenance, and other services for these homeowners. In addition, if the home is in need of an exterior or interior upgrade or repair requiring the work of a licensed general contractor, the business has a relationship with two firms that are engaged to provide these services.
The owner is willing to stay for an extended period to ensure a smooth transition depending on the needs of the Buyer.
YTD July 2024 Gross Revenue $563,365 and NOI $103,925
YTD July 2023 Gross Revenue $376,709 and NOI $ 78,916
Note: Earnings dropped in 2022 due to owner illnesses.
The owner is willing to stay for an extended period to ensure a smooth transition depending on the needs of the Buyer.
YTD July 2024 Gross Revenue $563,365 and NOI $103,925
YTD July 2023 Gross Revenue $376,709 and NOI $ 78,916
Note: Earnings dropped in 2022 due to owner illnesses.
About the Business
- Years in Operation
- 35
- Employees
- 5
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Facilities & Assets
- Home based business and relocatable
- Market Outlook / Competition
- Market is considered strong by the Business Reference guide. at 3.6 of 4.0 for growth. More and more homeowners are looking for services to maintain property as they age. Aging and high net worth owners is a key feature of parts of Florida. A plan to expand into more areas with a targeted marketing campaign could add to the business opportunity.
- Opportunities for Growth
- Owner has maintained log-term relationships and not engaged in any kind of marketing. There is an opportunity to expand the business through marketing and establishment of a website. Also landscaping and pool management services could be included in services provided with a strategic relationship with a landscape and/or pool services company as an opportunity to add to profitability.
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Four weeks
Listing Info
- ID
- 2285306
- Listing Views
- 3898
Listing ID: 2285306 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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