Northern California City Wide Facility Solutions Franchise - SC2131

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Northern California City Wide Facility Solutions Franchise - SC2131

Listed by Business Broker
Northern California City Wide Facility Solutions Franchise - SC2131

Asking price $425,000

Cash Flow: No Data

Gross Revenue: $1,000,000

EBIT DA: No Data

FF&E: $25,000

Inventory: No Data

Established: 2022

Type: Franchise

Business listed by:
Brett Sargent
Sunbelt Business Brokerage of Sacramento

Business Description:

This Northern California based CITY WIDE franchise is a California Limited Liability Company that has been in business for almost 2 years under the current ownership. This franchise has over 60 years of experience, specializing in dozens of interior and exterior maintenance services. They work with their customers to develop customized solutions for their facility’s unique needs. Some of the services they provide include janitorial services, disinfecting services, commercial cleaning, construction cleans, handyman services, parking lot services, lawn and landscaping services, just to name a few. They also can provide annual maintenance programs as well. From carpets to blinds to painting to pest control, they can do anything needed. They are a B2B recession-resistant, recurring revenue franchise concept in the United States and Canada. This franchise location is in a highly desirable metropolitan, and the Seller has been judiciously adding new accounts and building up the recurring revenue model. Last of the major metropolitan territories available. The CITY WIDE franchise system is sold out of major metros like this protected territory. Approximately 2M population and 10,000 10K square foot buildings in the protected territory! If you go to City Wide and try to buy a territory you won’t be able to be offered a territory like this!

Market Outlook/Competition

The facility management services market size in North America is forecasted to increase by $114.36B from 2022 to 2027, and a CAGR of 7.69% according to recent market studies. The growth of the market will be driven by the growth of infrastructure development, the rising outsourcing activities in building management, and the growing need of safety and security.

Seller Financing Description

The Seller is willing to carry a Promissory Note for part of the purchase price. The amount carried will depend on the purchase price and the quality of the Buyer.

Support & Training

The Seller is willing to train the new Owner for up to 4 weeks at 20 hours per week. Additional training from the Seller is available at mutually agreed upon compensation from the Seller to the Buyer.

Detailed information

  • Year Established: 2022
  • Home-Based: No
  • Franchise: Yes
  • Relocatable: Yes
  • Required Licenses: 
  • Is Property Leased: Yes
  • Real Estate Included: No
  • Real Estate Available: N/A
  • Real Estate Value: N/A
  • Part-time Employees: N/A
  • Full-time Employees: 1
  • Independent Contractors: 20
  • Building Size: 995sq ft 
  • Monthly Rent: $1,615

Broker: ProEquity Asset Management Corporation License ID: 01870526

Selling Reason:

The reason for selling is the Seller recently had a newborn with his wife and they are looking to move closer to family.

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