** Professional Cleaning, Painting & Handyman Services--27% Profit Margin**

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Location

Spotsylvania County, Virginia With a 27% profit margin, the client base for this business primarily consists of homeowners and realtors the owner does no labor! Offering handyman-typeservices since 2013, this company in Northeast Virginia has been considered a one-stop shop in the area for the last 8 years. Working 35% in residential cleaning, 30% handyman, 25% painting solutions, and 10% miscellaneous, this business offers an extensive variety of services. Selling at a low 2.95 multiple, there has been consistent year over year growth in revenue and profit. There are over 1,000 active clients in the companys system, and they are generally adding at least one new customer each day. These clients are able to book what they feel best fits their needs, with options for weekly, biweekly, twice weekly, monthly, or a one-time service. The team consist of 5 full-time employees with 1099s used as needed; the current owner handles management, scheduling, and hiring, but does not do labor.

The business is being run from the owners home, so there is very low overhead in the business, allowing for over 25% profit margin year after year. The service area is generally kept within 40 miles from the home, but they do extend a bit past that if needed for a job. They work regularly with over a dozen realtors, who employ them for whatever jobs are needed at the time.

Priced at **$995,000**, a 12.5% down payment of $124,375 returns $212,357 in the first year after debt payments, resulting in a 170% return on investment. Growth opportunities include adding flooring and remodeling services and expanding the area of service. They are not actively seeking new clients either, just using social media for marketing, so being more active on sales or setting up contracts with realtors would be a great move as well. The owners have chosen to take their lives in another direction, but they have done their best to set this company up for easy takeover!

**Location:** Spotsylvania County, Virginia **Current Owners Responsibilities:** Management, scheduling, hiring; no labor Description of Financial StatementP&L Statement

Jan-NovTax ReturnTax ReturnTax ReturnTax ReturnNotesCompensation to Owner$43,604$51,532$101,006$101,701$56,502 Document Title / Description

Identifies important business information in an organized quick-reference format

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