MergerPlace

Profitable Sioux Falls Steam Cleaning

South Dakota (Minnehaha)


  • Asking Price: $385,000
  • Gross Income: $214,679
  • Cash Flow: $140,793
  • Real Estate: Not Disclosed
  • Inventory: $11,755
  • FF&E: $85,808
  • Listing ID: #202390
  • Established: 1986
  • Employees:

Business Description

This “one-man shop” consistently puts two-thirds of revenues into the two owners’ (husband & wife) pockets. The owners collectively work 65 hours—one scheduling and handling administrative duties, the other cleaning the floors of homes and businesses. They also take an entire month off each winter simply scheduling clients around their vacation. This is an ideal situation for someone new to step into and run as-is, or grow by adding employees. There is plenty of room in the market. This company is especially unique because the sale includes the specialty formulas the current owner/founder has developed over the decades. In addition to cleaning carpet, this company also specializes in hard surfaces (tile, wood, stone, concrete, vinyl, and laminate).


Business Details

Primary Business Category: Services - Other Services
Location: South Dakota
County: Minnehaha

Company Information

Year Established: 1986
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $385,000
Gross Revenue: $214,679
Cash Flow: $140,793
FF&E: $85,808
Inventory: $11,755
Seller Financing Available: No

Property Information

Facilities:

This is a home-based business that can be relocated anywhere. The equipment is in excellent condition.

Growth & expansion opportunities:

The current owner is open to staying on in a consulting capacity after the sale. Adding employees could dramatically grow the business, along with branching out to include more disaster cleanup and restoration jobs.

Competition:

There are a number of carpet cleaners in the community, but only a few that do as much work as this business. They are consistently rated at the top of their field, and their customers return year after year. In addition to carpet this company cleans tile and hard surfaces. Also, there has been some limited involvement with disaster cleanup and restoration.

Reason for selling:

After a long and profitable run, the sellers would like to retire and pass this business along to the next generation.

Support & Training:

Will train for 2 weeks @ no cost. The current owner would be happy to transfer all knowledge and training to a buyer. There are optional certifications a new owner could complete to bring added credibility.

Contact Business Seller

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Business Listed By:

Josh Grode Wolters

Murphy Business Brokers