Business For Sale

Carpet Cleaning & Water Restoration Company

Not Disclosed, WY


Asking Price: Annual Revenue:
$140,000 $140,000

Services: Cleaning


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RE: Carpet Cleaning & Water Restoration Company Broker: Saul Komisar
Owner Financing is Available!

Quick Facts

Asking Price: $140,000
Annual Revenue: $140,000
Net Profit: Not Disclosed
Cash Flow: $58,000
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 1
BBN Listing #: 411149963
Broker Reference #: 1401-71363

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Business Overview:

For over Fifteen years, this business has provided carpet cleaning and water damage restoration services for one of the most beautiful areas of Southwest Wyoming. The business has long standing relationship with all of the areas strongest insurers and is the preferred provider for local municipalities and larger corporate clients. In the early years, the company spent a lot of money on advertising but currently the business spends less than 1% of revenue on advertising and instead relies primarily on word-of-mouth referrals. The business comes with an excellent online reputation.
The current owner does a limited amount of manual labor and focuses his time primarily on customer relations, bidding insurance jobs and general bookkeeping. There is long-term staff in place such that a new owner need not have prior experience in the industry.

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Property Features and Assets:

There is approximately $60,000 worth of equipment included in the sale that is in good working condition and includes everything needed to continue operations without skipping a beat including, but not limited to: One Ton E350 Van with Apex mounted extraction, Air movers, Heat injectors, steamers, sprayers, dye sets, cameras, probes, encapsulators, drills, saws, commercials vac’s, bonnet machines, etc.

Market Competition and Expansion:

While no industry is completely recession proof, people always need cleaning for their facilities and floods, and leaks always happen. With minimal national or local competition in the area, this company is well positioned as the market leader to continue to capture the everlasting need for cleaning and restoration services. The current owner focuses almost solely on carpet cleaning and water damage restoration but there are many opportunities to grow the business into other profitable areas including: Duct Cleaning, Mold Remediation, Carpet Repair and Stretching, Fire Restoration, Janitorial and Windows. Perhaps the biggest opportunity is for the new owner to add locations by expanding their model. Because this is one of the few cleaning and water restoration companies that isn’t franchised there are plenty of open markets for expansion.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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