Business Overview

2021 Has been very busy! Sales are UP!
PRICE REDUCED to SELL!

This Carpet Cleaning company has been operating for decades. They have built a great reputation of quality service so most new business today comes from referrals. If a new owner wanted to ramp up the revenue, they could advertise and expand to their desired levels. This would also be a great add on to an existing service company that does not offer the same services.

A lot of business, some staff, vehicles, and equipment are in place and operating well today! The owner is not only willing to train but may stay to for a while to train additional techs if a new owner desires.

For more information call Jeff Bach at 314-941-8530 or email directly at jbach@fusionadvantage.com on listing ID#1045JB.

Financial

  • Asking Price: $99,000
  • Cash Flow: $73,000
  • Gross Revenue: $160,000
  • EBITDA: N/A
  • FF&E: $40,000
  • Inventory: $500
  • Inventory Included: N/A
  • Established: 1991

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:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

: Could operate out of anywhere in the metro an owner desired. Does bookkeeping out their home office.

Is Support & Training Included:

Owner will help in transition and maybe stay longer term to train new techs for the right owner.

Purpose For Selling:

Retirement

Additional Info

The business was founded in 1991, making the business 31 years old.
The sale doesn't include inventory valued at $500*, which ins't included in the requested price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals resolve to sell businesses. However, the real factor and the one they say to you might be 2 absolutely different things. For instance, they might claim "I have too many other obligations" or "I am retiring". For numerous sellers, these factors stand. But, for some, these might just be justifications to try to hide the reality of altering demographics, increased competitors, current reduction in revenues, or a range of various other reasons. This is why it is extremely vital that you not rely entirely on a vendor's word, however instead, make use of the seller's answer along with your general due diligence. This will paint an extra practical picture of the business's existing situation.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of businesses take out loans with the purpose of covering points like supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can mean that revenue margins are too tight. Many businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that need to be fulfilled or may cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location draw in brand-new consumers? Most times, companies have repeat customers, which create the core of their everyday revenues. Certain aspects such as brand-new competitors sprouting up around the location, roadway construction, and also staff turn over can affect repeat consumers and also adversely impact future earnings. One crucial thing to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Clearly, the more individuals that see the business often, the greater the chance to develop a returning consumer base. A last thought is the basic location demographics. Is the business located in a largely inhabited city, or is it located on the outside border of town? Exactly how might the neighborhood average house income impact future income potential?