Carpet Cleaning - $152,000

Business Overview:

Price Reduction! Seller is ready to retire and turn his 3 decade-old carpet cleaning business over to a new entrepreneur. Seller has operated the business on a part-time basis working around his firefighter schedule and generally focusing on commercial accounts, which has afforded him flexibility and fewer customer issues. With more attention to advertising/social media, the new owner could easily double the average revenue of nearly $100,000. The business includes a late model van, which has been converted with steam cleaning equipment, currently with only 240 hours of operation time and all cleaning supplies (total reasonable asset value is $98,500, which the buyer will be able to fully depreciate for tax purposes).  Estimated wait time for a new van conversion is a year. The seller is willing to train the new owner and provide support for several months. He will assist the new owner in building the business, which will only be limited by how hard the new owner wants to work (the seller has chosen to only work 2-3 hours 3-4 night a week (mainly commercial accounts, which often have additional opportunities if the owner were willing to expand his geographical footprint), and occasionally

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Property Features and Assets:

Home-based with shop.

Market Competition and Expansion:

Growth potential is significant, as the seller does minimal advertising. Increasing social media presence can increase customer traffic. Seller will assist in adding additional commercial accounts.

Reason for Selling:

Retirement

Additional Details:

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