MergerPlace

Air Duct Cleaning

Oklahoma (Oklahoma)


  • Asking Price: $300,000
  • Gross Income: $419,637
  • Cash Flow: $153,914
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $26,409
  • Listing ID: #206731
  • Established: 2015
  • Employees: 4 FT

Business Description

This duct cleaning company is Oklahoma’s largest provider of professional insulation services to the residential, commercial and industrial markets. This Duct cleaning business is a professional dryer and air duct cleaning business servicing Oklahoma City and surrounding areas. They are one of the only companies focusing specifically on dryer and duct cleaning services, with unique equipment designed to brush the inside of the ductwork one vent at a time. This business is OKC’s premier Air Duct Cleaning Company and is part of the $75 billion Duct cleaning and restoration industry. This is a turn-key opportunity to make money from day one. The business can be home based with lower overhead or use the existing industrial office park location. The business has grown from zero annual sales in 2015 to just $420,000 in just two years. Also, this is a perfect opportunity for someone currently in the business to expand seamlessly and rapidly. This air duct cleaning business is 80% residential and 20% commercial. This truly is a Turnkey business. The current owners have other business interest and are motivated sellers.


Business Details

Primary Business Category: Services - Other Services
Location: Oklahoma
County: Oklahoma

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT

Financial Information

Asking Price: $300,000
Gross Revenue: $419,637
Cash Flow: $153,914
FF&E: $26,409
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

The business is operated from a commercial office park in North OKC. The 1100 square foot leased space is leased through 2020 with extensions but the new owner can opt in or out and chose to operate home-based. The monthly rent is a reasonable $1200.00 per month.

Growth & expansion opportunities:

The current owners have spent a large portion of the first years earnings on marketing to build long term growth using TV, print, Internet, SEO optimization and direct mail. This is an excellent opportunity for an owner operator who is willing to work hard initially and grow the business to a 6 or 7 truck operation. The greater OKC area is rapidly growing and its economy is as well. With any business there’s always room for growth. Adding additional services such as water Damage and Mold Remediation will allow for immediate new revenue streams.

Competition:

This duct cleaning company is Oklahoma’s largest provider of professional insulation services to the residential, commercial and industrial markets. This business enjoys a central location and has been in business since 2015. The customer base consumes the entire grater OKC area. Steady growth throughout the years with a large customer base for recurring services is already in place. There is minimal competition in the market. This business has a great reputation for quality of work and enjoys great repeat and referral customers. The company has built a substantial local presence and has a stellar local reputation.

Reason for selling:

The current owners own other businesses and have other business interests and want to concentrate on those other businesses.

Support & Training:

Will train for 2 weeks @ no cost. There are no special licenses to own or operate this business in the state of Oklahoma. The owners will provide 14 days of training and support to the new owner and an additional 14 days of on-call support to help with a smooth transition. In addition, the owners provide all contact info for suppliers, marketing and service persons. The training will include training in Marketing and advertising, operations, systems and financial.

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Business Listed By:

Geary Welch

Murphy Business Brokers