Business Overview

New Reduced Price: $139,900!!! Upstate NY Carpet, Upholstery, Air Duct and House Cleaning Company for sale.

Reason for selling: Owner is retiring

– 20 plus years solid established profitable business with a customer base of 25,000

– $80,000 in equipment, including 2 vehicles, office furniture, trademarks and everything else needed to continue running this profitable cleaning business.

– Gross sales on average $150,000 per year

– Net sales are $50,000- $55,000 per year

This business has stood the test of time, competition and economic changes in our country and region

The office lease is year to year and very affordable.

Turnkey operation with 4 employees and 2 owners.

Owner will stay on to train for up to 4 months.

For more information, please go to www.cleaningbrokerage.com

Financial

  • Asking Price: $139,900
  • Cash Flow: $55,000
  • Gross Revenue: $150,000
  • EBITDA: $53,000
  • FF&E: $80,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1998

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Seller will train

Purpose For Selling:

Retirement

Pros and Cons:

Great established business with successful track record and established clientele.

Additional Info

The company was established in 1998, making the business 24 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell businesses. Nonetheless, the real reason vs the one they tell you may be 2 totally different things. As an example, they may say "I have too many other responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these may simply be excuses to attempt to hide the reality of transforming demographics, increased competition, recent reduction in incomes, or a variety of other reasons. This is why it is very important that you not rely absolutely on a seller's word, but instead, use the vendor's response in conjunction with your general due diligence. This will paint a more realistic image of the business's existing scenario.

Existing Debts and Future Obligations

If the current company is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous companies take out loans with the purpose of covering points like stock, payroll, accounts payable, and so on. Keep in mind that in some cases this can indicate that earnings margins are too thin. Many companies come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that should be satisfied or might lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area attract brand-new customers? Many times, businesses have repeat clients, which develop the core of their daily revenues. Certain elements such as brand-new competition growing up around the area, roadway building and construction, as well as employee turn over can impact repeat consumers and negatively influence future incomes. One vital point to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Certainly, the more individuals that see the business regularly, the better the chance to build a returning client base. A last thought is the basic location demographics. Is the business situated in a densely populated city, or is it located on the outskirts of town? How might the regional median house earnings effect future income potential?