Advice on selling floor cleaning business - Cleaning Talk - Professional Cleaning and Restoration Forum
 
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post #1 of Old 06-04-2009, 12:01 AM Thread Starter
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Advice on selling floor cleaning business

We purchased a floor cleaning business almost 10 years ago. Due to changing circumstances, we are considering selling our business and equipment. The business made more money last year than in the years before. We have well-established accounts which include grocery stores and pharmacies that receive regular maintenance on a weekly basis and stripouts once a year. We also have equipment and supplies that we would be willing to sell, from a work van with a Tommy-lift to an autoscrubber and various chemicals/wax. Any ideas on where to go from here?
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post #2 of Old 08-11-2009, 02:25 AM
 
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hello.

Thank you for sharing your information


'd visit http://www.startacleaningbusiness.net for free information on how to start a cleaning business, and to post questions to cleaning business owners and start-up entrepreneurs. Then read all the free articles at http://www.maiddocs.com, hours upon hours of research have been completed for you, and there are links to other sites with free information and start-up tools.

Here's some free professional advice that will help you start your own cleaning business with minimal investment and maximum return:

Decide what you will charge for your services. Research the local market to determine what your competitors charge. You must remain within the local standards, and you can undercut your competition slightly; however, if you charge significantly less than the competition, you may end up with less money and more work than you care for. Your growth must be contained so that you can add employees as you need them without raising prices and thereby losing customers. Also, if you have more jobs than you can handle you may not be servicing the homes well, and this is certainly not good for business.

A professionally designed logo will help to brand your company in the public's mind. Your logo will be printed on business cards, door knockers, letterhead, car signs, etc., so carefully consider the image you want to present, and then choose artwork which will best reflect that image. Visit LogoYes.com to create your own logo for only $99.

Advertise in the "services" section of the classified in your local newspapers. Keep it short, and ad your logo if you can afford to. Your ad might read “Quality housecleaning with integrity. Call ###-#### for a free estimate.”

Place an ad in the house cleaning section of your local yellow pages. Research all of your local phone books and notice which ads catch your eye. A good bet is a “knock-out” ad with at least 2 colors. A “knock-out” removes the yellow background and leaves a crisp, attention grabbing white field among all the yellow ads. For a lesser cost you may list your company in the yellow pages free listing column with a knock-out and color. Make this ad a minimum of four 4 lines, with color. In addition to the yellow pages books, consider pay-per-click advertising with YellowPages.com. This will assure that your business listing is shown before all of the alphabetized free listings.

If you have lots of time but little money, then hand delivering a marketing piece is your most economical option. Your choices are door hangers, brochures or postcards. I suggest that you use either brochures or postcards rather than door hangers, because you can use them as handouts and also as mailing pieces and not have boxes of door hangers which in two months you may not have time to hand deliver. You can develop your own brochure or postcard using Microsoft Publisher, or you can purchase a pre-designed template to print as needed. You can print the pieces on your printer, or have them printed at a local print shop or copy center.

When your business starts growing and hand delivery is no longer an option, then direct mail postcards are the most economical advertising tool. You’ll need to purchase a mailing list unless you plan to create your own. We have found that DirectoryStore.com has the best prices on Hill Donnelly directories, the most up-to-date and accurate lists available. You can use labels or merge the postcards with your mailing list and have them copied at a local office store or printer with a high speed/high quality copier. Insist on seeing a sample from the copier before you have the job completed. You MUST deliver high quality postcards in order to make the best impression on your prospects. Flimsy paper with lopsided print, ink rubbing off and jagged edges is not the quality which will get you noticed.

Be prepared for business with a sales script you have memorized to perfection; professional fee estimate letters; follow-up letters for quotes not booked; new customer letters stating hourly fees and payment policies; customer information sheets for the maids to follow; maid service checklists to leave with customers after each service; and customer survey forms for every new customer.

Magnetic car signs are a great advertising tool which can be made by a local sign maker for about $25 a set, plus an initial set-up fee. Be certain that your signs fit on both compact and full size cars, and that you use no more than three colors. When designing your signs keep in mind that bold lettering and brief wording works best.

Purchase cleaning supplies at your local discount center, grocery and dollar stores. Either store or brand name household cleaning products will work, however, compare percentage of the active cleaning ingredients. Consider paying a few cents more for the better brand in order to lessen time spent scrubbing. Avoid products containing bleach as it can cause damage to carpets and counters.

Commercial grade vacuums will last much longer than home quality. We have found that Royal brand commercial vacuums, crafted with die-cast aluminum, are the lightest and longest lasting available anywhere, and they out clean the competition. Available in several models, Royal Commercial Vacuums come with a lifetime warranty on the motor housing, fan casing and nozzle. Visit VacLand.com for the best prices, reputable salespeople and 2 - 5 day nationwide shipping.

Your own website is a luxury that is worth the expense when you can afford it. Be certain to add your website address to all business documents, and to all of your advertising. The website should have an online estimate form and customer testimonials.

When you’re ready to hire employees be certain you have your employment application, employee policies handbook, cleaning procedures manual, warning certificates and all of the appropriate human resources paperwork. With strict policies and procedures to follow, your employees will know that they are working for a professionally run company, and therefore will be less likely to take advantage of you. Also, you will need to keep employee files containing tax paperwork and employment history including a record of verbal and written warnings. If you are not working with an accountant, then contact your local state employment office to obtain the appropriate tax documents for each employee to complete.

Before You Start Cleaning:

Get your federal tax ID; local & state business licenses; bonding insurance, and liability insurance. When you hire employees you'll need worker's compensation insurance. The Small Business Administration is a great source of information for start-up paperwork and links to informative websites. http://sba.gov/starting_business/startup/guide.html

The IRS website offers a wealth of information for small businesses. You'll find start-up guides, information on tax credits and business deductions, advice on record keeping and choosing an accounting method, employee tax issues, and more. The most up-to-date tax information is available through the site, as well as forms, publications and instructions for filing taxes. http://www.irs.gov/businesses/small/index.html

State tax information can be found at http://www.taxadmin.org/fta/link/forms.html , which provides links to the Department of Revenue for every state.

Here's a few other links you should look at:

Professional Cleaning Business Forms and More
: http://www.maiddocs.com/shop - MaidDocs provides a start up cleaning business package which includes a cleaning fee estimate calculator; lists of resources; a full color tri-fold customizable brochure, and over a dozen customizable forms and customer letters. When you are ready to grow your business there is a complete Employee Package which includes a guide to hiring and managing cleaning business employees, an employee handbook and cleaning procedures manual; performance reviews and warnings. There is also a payroll template and customer database template. With MaidDocs you can start a cleaning business without a franchise, and keep it growing.

Business Law: http://www.businesslaw.gov - Complying with business laws and regulations can be a burden. To help small businesses overcome this, the Small Business Administration (sba.gov) in cooperation with multiple Federal agencies developed BusinessLaw.gov, an online resource designed to provide legal and regulatory information. Topics covered on this site range from choosing a business structure to hiring an attorney. The site also provides links to federal, state and local agencies.

Employment Law: http://www.dol.gov/asp/programs/EmpLawGuide - This guide describes the statutes and regulations administered by the Department of Labor (DOL) that affect businesses and workers. The guide is designed mainly for those needing "hands-on" information to develop wage, benefit, safety and health, and nondiscrimination policies for businesses in general industry.
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post #3 of Old 08-11-2009, 11:20 AM
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You could contact a business broker in your area to handle the sale for you. Alternatively, you could try selling your accounts and equipment to one of the other businesses in your market directly. Either way i would talk to your lawyer and/or accountant for advice before proceeding.
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post #4 of Old 03-09-2010, 05:30 AM
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Quote:
Originally Posted by trinitybrown View Post
hello.

'd visit http://www.startacleaningbusiness.net for free information on how to start a cleaning business, and to post questions to cleaning business owners and start-up entrepreneurs. Then read all the free articles at http://www.maiddocs.com, hours upon hours of research have been completed for you, and there are links to other sites with free information and start-up tools.

For any business success I think the most significance thing (that must be consider) is customer services and products that you sell or use. So, you must be used the ecological and good quality cleaning products.

Best Regards,
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post #5 of Old 03-11-2010, 02:29 AM
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selling a business or buying a business will be one of the most important financial transactions of your life… your first step is to get a formal business appraisal of your company so that you have an idea of its value… call your local business broker... they will help you …
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post #6 of Old 12-15-2012, 12:47 AM
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How do you put together a bid proposal for commercial property management companys, what type of forms do you use and what should you say?

Facility Custodian
Effective cleaning solutions for your business needs.
http://www.facilitycustodian.com
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post #7 of Old 12-15-2012, 12:49 AM
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What is a good company to go through to get bonded and for how much coverage for 5 people or less.

Facility Custodian
Effective cleaning solutions for your business needs.
http://www.facilitycustodian.com
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post #8 of Old 12-17-2012, 03:28 AM
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Yes you shared good info here.
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post #9 of Old 12-19-2012, 07:51 AM
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1. Hire a reputable business broker and lawyer
2. Get as much money (at least half) up front.
3. Maintain some control of your business, until final payment is made.
4. Offer to stay on a a consultant for a fee, to help new owner with transition

Fred T. Gruber Jr.
On The Spot Carpet Care

Serving Apex, Cary, Holly Springs, Fuquay Varina and Raleigh NC
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post #10 of Old 12-28-2012, 10:00 PM
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Trinitybrown, thank you for sharing information on how to start a cleaning business. If you starting from scratch, it might take some time to learn from personal experience. A good advice from cleaning experts will go a long way.

Clean4Real
Commercial cleaning in Jacksonville, FL
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post #11 of Old 01-02-2013, 04:10 AM
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Really informative tips here I found thanks for it.
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