Carpet & Upholstery Cleaning Company with Tremendous Growth Potential!

Corona, CA (Riverside County)

Carpet & Upholstery Cleaning Company with Tremendous Growth Potential!

Asking Price:$370,000

Cash Flow:$160,181

Gross Revenue:$402,003

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1995

Carpet & Upholstery Cleaning Company with Tremendous Growth Potential!

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Business Description

This carpet and upholstery cleaning company utilizes proprietary technology to service residential clients from the Inland Empire to Orange County. The company, which was established around 1995, employs 5-6 full time technicians that operate 5 vans. Due to personal circumstances the financials indicted are slightly down from the company’s typical performance but can readily be restored. As such, this opportunity provides the buyer the ability to acquire the well-established firm and restore it to its former profit levels at lower price than would typically be merited.

Detailed Information

Employees:
7
Facilities:
The business operates out of a 2,000 square foot office warehouse space that is more than spacious enough for their needs. The office includes a yard that the company’s vans are stored in nightly. The office is on a short-term lease for $1,000 per month. Since customers do not visit the location, it may be moved to an alternate. The sale includes all of the furniture, fixture, and equipment necessary to operate the business. The seller will train a buyer as necessary and potentially provide support as needed through a transition period.
Competition:
As there is an extraordinarily large market for their services, competition exists on several levels. This operation, however, boasts a unique and proprietary eco-friendly cleaning method that is embraced by its loyal customer base.
Growth & Expansion:
As this firm has not been able to market to their own 13,000 person client list and via additional methods for new clients as aggressively as they typically do, new operators will seek to reestablish the former campaigns that proved successful. They will also likely want to evaluate going after the commercial market, as they estimate that 98% of their business is residential (because they do not want to add an evening shift, appoint an evening lead or have their vans outside the yard at night). It is estimated that revenues could perhaps double if the commercial market were aggressively pursued.
Reason for Selling:
Retirement

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Ryan Clark

Business Listed By:
Ryan Clark

The Veld Group

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Sponsoring Broker:
Michael Wildeveld

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