Residential Cleaning Business on Bald Head Island


Location: Coastal North Carolina
ID: (# 200641)

Residential Cleaning Business on Bald Head Island

New Listing

To request additional information start by providing the following:
Asking Price: $135,000
Cash Flow: $ 43,000

Annual Sales:  $ 138,000
Assets (FF&E):  $ 0
Inventory:  $ 0
Real Estate:  $ 0

Overview

This is a rare opportunity to take over an existing residential cleaning business on Bald Head Island, a popular beach tourism destination in North Carolina.

The seller has been operating on the island only part time. If the new owner is working this full-time, they are well positioned to quickly achieve twice the revenue.

Operating a business on the island requires the use of golf carts for transport. The owner of this business is selling the required carts and, more importantly, the matching parking spaces at the ferry landing to the buyer of the business. These carts are included in the asking price.

To understand the value, note that parking spaces are fully restricted on the island. Currently no spaces are available and there is a wait list that will be served only after a holder of a current space is willing to give up his space. This is a unique twist that keeps anyone, including competition, from entering into the market successfully.
This cleaning business has an outstanding reputation in the community and the new owner will be able to hit the ground running with all equipment and supplies, and lots of contracted, repeated cleaning jobs for a large number of vacation homes.
Ideal for an owner operator that will be actively involved in the scheduling and management of the cleaning crews. Additional revenue opportunity with light maintenance and repair work. Seller will provide all required training.

Details

Reason for Selling:
Other business focus

Year Established:
2004

Number of Employees:

Furniture, Fixtures, Equipment:
All assets as required to operate are sold with the business. Assets are well maintained and in good condition. The dollar amount listed is estimated fair market value.

Support and Training:
The seller is offering a 3 months transition period for training, introduction, and to allow the new owner to get operationally ready.

Competition and Market:
Limited competition and rising demand

Growth and Expansion:
Two digit annual growth achievable with focus and some additional marketing.


Broker Contact Information

Regina Fisher

regina@bristol.group


Bristol Group Carolina
serving North and South Carolina
Located in Wilmington, NC
(208) 401-9523 | Office
(910) 520-0737 | Mobile