MergerPlace

Commercial Carpet Cleaning Business

Pennsylvania


  • Asking Price: $125,000
  • Gross Income: $127,681
  • Cash Flow: $77,990
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $15,000
  • Listing ID: #206956
  • Established: 1985
  • Employees:

Business Description

This carpet and upholstery cleaning business began in 1985. They use an encapsulation (crystallization) method, a dry carpet cleaning method which only a few carpet cleaners use, that allows the carpets to dry in an hour or two. Approximately 90% of the work is commercial and 10% residential. Most of the work is done in the greater Harrisburg area, with one account that takes them into DC and Richmond, Virginia. By design, the owner has been scaling back and often turns away new business unless it is a referral from someone he knows. A new owner has an opportunity to grow this business.


Business Details

Primary Business Category: Services - Other Services
Location: Pennsylvania

Company Information

Year Established: 1985
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $125,000
Gross Revenue: $127,681
Cash Flow: $77,990
FF&E: $15,000
Seller Financing Available: No

Property Information

Facilities:

The current lease expires 9/30/18. This business is mobile and could be done from home.

Growth & expansion opportunities:

There is a lot of potential for growth. By design, the owner has scaled his business back the last few years.

Competition:

The main competitors are janitorial services. However, they use a different process using truck mounts, which is a very wet process. Using this method, it can take more than a day for carpets to dry. The company does high quality work resulting repeat business and with many accounts having been serviced for over twenty years.

Reason for selling:

The owner wants to retire.

Support & Training:

Will train for 8 weeks @ no cost. This company uses the encapsulation (crystallization) carpet cleaning method, so the carpets are dry in an hour or two. Additionally, keeping the environment in mind, they offer "green" carpet cleaning.

Contact Business Seller

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Business Listed By:

Gary McCauley

Murphy Business Brokers