50-year-old Carpet Cleaning brand, cashflows/inven

Boston, MA
Suffolk County

Asking Price: Annual Revenue:
$495,000 $175,000

Manufacturing: Non-classifiable

Request More Information
Contact the Seller

RE: 50-year-old Carpet Cleaning brand, cashflows/inven Broker: Rick Carlson
License #: 01820673
Owner Financing is Available!
The Seller would like to retire, and prefers to sell 100% of the company for upfront cash, but is open to structuring the sale with an owner carry component. TBD if structure and terms are acceptable.

Quick Facts

Asking Price: $495,000
Annual Revenue: $175,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1971
Employees: 1
BBN Listing #: 197327574
Broker Reference #: 1069 Manufacturig

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

This unique opportunity includes the 50-year-old brand trademarks, custom molds, and client lists.

The net income / cash flow number provided in the teaser is calculated on year ending 2021 and adjusted for Non-GAAP accounting practices.

The Company is currently managed by the owner who sells and services carpet cleaning units for various clients across the United States. The majority of clients are 3rd party home centers that provide the carpet cleaning units for rent.

The units themselves are unique in that they do not require the end user to load piping hot water into the units. Instead, the carpet cleaning units come with a ceramic heating element that can heat the water to 165 F. First developed in 1971, the Company has seen a number of owners and transitions – according to one owner’s manual the company has sold over 500,000 units. The size of the organization has shrunk significantly, but still finds customers that value their product over the competition.

This opportunity also comes with (to the owner’s knowledge) the only known molds to stamp new plastic pieces to repair custom parts for the machines, which not readily available online.

The owner maintains a working office in Maine at their personal residence, the other locations, including the 1,200 square feet warehouse could be assumed by the new owner.

This opportunity includes the cashflows, working capital, inventory, and tools and equipment. The owner would like to retire and is committed to helping the business transition to a new set of hands.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Relocatable Home-Based.

Market Competition and Expansion:

Competition: Competition is long established. Growth & Expansion: Opportunities include targeting customer segments that require a unit that can heat water.

Reason for Selling:


Additional Details:

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

Relevant Links:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!