| Asking Price |
$499,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$1,003,546 | Real Estate |
|
| Cash Flow |
$246,000 | Year Established | 1994 |
| FF&E |
$36,600* | Employees | 4 ft |
* included in the asking price
** not included in the asking price
Excellent opportunity to own a turn-key, very profitable national franchise carpet & upholstery cleaning business. Buyer must be approved by franchise and pay a transfer fee of approx $1500. Low monthly franchise fees of approx. $350/mo with purchase of supplies. Great reputation with a high percentage of repeat business. Complementary business of mold testing and remediation (to be franchised soon) is included in the sale. Nice advertising in the yellow pages, where the mold business is the first ad and the carpet cleaning business is the third ad. Home depot purchased the master franchise and allows exclusive affiliation with Home Depot stores. The Seller has not set this up as of this time, but feels it is an excellent way to grow the business. Seller works from home most of the time, but maintains the business location that includes office space and warehouse space. Seller rarely goes out on jobs, as his primary activity is answering the phone and sending calls to the employees. All equipment for both businesses is properly maintained and replaced as necessary. Most is less than 3 years old. Maintenance work is very cheap & easy and requires only basic skills that anyone can do. Yellow page adverting includes a color full page ad and a black and white half page ad under "Carpet" as well as a business card sized ad under "Flood." Both companies work with several insurance companies for water damage & mold remediation. Most insurance work varies on average between $8000-15000 with some jobs being even larger. 3 vans included and are stored with all equipment at the office location. Commercial clients account for 10-15% of the business while residential accounts for 85-90%. Business saw healthy growth in 2008! CALL ON THIS ONE NOW!!!
Facilities: Leased Location is 1500 sq-ft with a total rent is $1,454. Seller is active in the business with 7 Full Time Employees; Fixtures and Equipment $36,600.
Financing: Present All Offers!!
Support/Training: 2 Weeks
Reason Selling: Creating a Franchise for mold remediation business

Edward J Smith Ltd
702-274-7320
First Choice Business Brokers
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