Independent Carpet Cleaning Services

Wake Forest, NC (Wake County)

Seller Financing Available
Carpet Cleaning Business for Sale
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Asking Price: $135,000

Cash Flow: $57,904

Gross Revenue: $107,179

EBITDA: N/A

FF&E: $54,175

Inventory: $500

Established: 2007

Independent Carpet Cleaning Services

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Business Description

This absentee owned business has built a reputation as being among the best of the best in the Raleigh, NC area market providing a variety of services such as shampooing carpets, sanitizing counter tops and removing stains from upholstered furniture. All technicians are background screened, drive logo embellished vehicles and wear uniforms that provide a professional appearance. Employees are trained in how to use cleansers and equipment safely to avoid damaging surfaces in a home with special attention paid to cleaning high value items. The business has invested in top-of-the-line Butler equipment and uses only environmentally safe cleaning products. Extra effort is taken to provide prompt, courteous service and insure that every customer is completely satisfied prior to job completion.

Updated website and marketing materials are included in the transaction price. Actual inventory on hand as of closing date will be included.

Current labor/equipment utilization averages 75% of one shift per week. As such a full-time owner operator could anticipate 25%+ increase in profit.

Detailed Information

Location:
Wake Forest, NC
Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Home based. This business can easily be relocated and is home-based with no expense required for commercial office space. This business can be operated from home with no costly franchise fee, royalties, ad fees, technology fees or other costs that negatively impact your bottom line. EVERY dollar paid to a franchisor is a dollar of profit out of your pocket - year after year after year.
Competition:
Carpet cleaning in general is a very competitive industry, but is split between low-price/high volume and higher price/lower volume providers. The franchised cleaners use couponing and deal sites to keep their trucks running. Independents and higher quality operators run fewer trucks at a higher profitability. This business has EXCELLENT online reviews on such sites as Google, Yelp!, Angie's List, etc. Very few neutral reviews and no negative reviews.
Growth & Expansion:
In general, carpet cleaning businesses become most profitable with a third truck. Each truck can be expected to generate $13,000 of revenue per month considering realistic scheduling, travel time, maintenance, etc. Second and third shifts could also be added. Online marketing could be enhanced.
Financing:
Seller will participate in commercial lender/SBA owner financing requirements.
Support & Training:
Seller will provide transition support.
Reason for Selling:
Health reasons (Seller injured his knee and is unable to operate cleaning equipm
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Contact the Seller

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Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Business Listed By:
Jeff Snell, CM&AP, M&AMI, LCBI, ABI

ENLIGN Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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