Business Overview

Don’t miss out on this tremendous business sale. The premier candidate will have previous executive management experience. This is a very well-established and extremely successful business. Part of the world’s leading carpet and upholstery cleaning brand. The business stands out as being an environmentally “GREEN” carpet cleaning business but also services upholstery, stone and tile. On average 30% + plus net margins. This ‘eco-friendly’ carpet cleaning business utilizes a scientific process that cleans carpets in a way that no one has been able to duplicate. Our process works with a “one-of-a-kind patented technology”. It dries in 1-2 hours and leaves absolutely no residue, and best of all, carpets last 2-3 times longer when using our process versus steam cleaning or hot water extraction methods. Our company has been endorsed by the Wall Street Journal and other well-known organizations. Our credibility speaks for itself. Our credibility is everything. We’ve earned it. We are hands down the best carpet cleaning service on the planet.
Other Key Business Advantages Include:
– National references lead to large key accounts.
– New owner partners with franchise office to do successful lead generation.
– Call center in place.
– No previous experience required.
– Scalable, growing and already profitable.
Contact Ed for detailed information about this business.

Financial

  • Asking Price: $104,550
  • Cash Flow: $271,550
  • Gross Revenue: $62,300
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1977

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:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Contact for detailed information about this business.

Is Support & Training Included:

Full training and support.

Pros and Cons:

Excellent name in the industry.

Opportunities and Growth:

High demand allows for long-term growth of this business.

Additional Info

The business was founded in 1977, making the business 45 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals decide to sell operating businesses. Nonetheless, the genuine factor vs the one they tell you may be 2 totally different things. For instance, they might state "I have way too many other commitments" or "I am retiring". For numerous sellers, these factors stand. However, for some, these might simply be excuses to attempt to hide the reality of altering demographics, increased competitors, recent decrease in revenues, or an array of other reasons. This is why it is very crucial that you not count completely on a vendor's word, but instead, use the vendor's response together with your total due diligence. This will repaint an extra realistic picture of the business's current circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Numerous operating businesses take out loans so as to cover things like supplies, payroll, accounts payable, and so on. Remember that occasionally this can imply that earnings margins are too thin. Lots of businesses fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that have to be met or may cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in new customers? Often times, businesses have repeat consumers, which create the core of their daily revenues. Particular factors such as new competitors sprouting up around the area, roadway building and construction, and staff turn over can impact repeat customers as well as adversely affect future incomes. One essential thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the higher the opportunity to build a returning customer base. A final idea is the basic location demographics. Is the business situated in a largely inhabited city, or is it situated on the edge of town? Just how might the local average house earnings impact future income potential?