Commercial Carpet Cleaning with Over 30 Years

Omaha, NE
Douglas County

Lincoln and Omaha


Asking Price: Annual Revenue:
$1,110,000 $854,715

Services: Cleaning


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RE: Commercial Carpet Cleaning with Over 30 Years Broker: Jared Olsen
Owner Financing is Available!
Purchase Price: $1,110,000 10% Buyer Down Payment $111,000 10% Seller Financing $111,000 80% Bank Loan $888,000

Quick Facts

Asking Price: $1,110,000
Annual Revenue: $854,715
Net Profit: Not Disclosed
Cash Flow: $296,175
Total Debt: Not Disclosed
FF&E: $451,521
Real Estate: Not Disclosed
Year Established: 35
Employees: 7
BBN Listing #: 444934398
Broker Reference #: TRA038-A

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Business Overview:

Established over 30 years ago, this 75% commercial cleaning
company has high levels of repeat clients and an excellent
profit margin of 35%! This business offers services including
carpet cleaning (which makes up 85% of revenue), carpet
patches and repair (10%), minor water damage repair, tile
cleaning, and hard floor cleaning (combined the last 3 make
up roughly 5%). Their client base is primarily made up of
commercial housing units that are looking to have their floors
cleaned or repaired in preparation for new tenants, but they
also do residential cleanings as well. While they have utilized
marketing tactics to bring in new residential clients, almost all
of their commercial clients are either word of mouth/referrals
or repeat customers. The assets included with this business
consist of over $400,000 worth of vehicles and equipment.
This business has everything that they need to keep
operating as is, however, there is continued room for growth
as they currently have a higher demand than they can serve.
They certainly have no shortage of clients or revenue
potential. A new owner who can focus on hiring and training
will be able to take on additional projects.

The current team operates out of a 5,000 square foot space
in Omaha, NE and consists of 6 carpet cleaning and repair
techs, and the current owner and his wife handle the
supervisory, billing, and scheduling work. They have offered a
6-month transition period, and if new owners are looking to
transition to absentee or part time workers, this time could be
spent hiring and training a new manager. Growth
opportunities for this business would include hiring more
carpet workers and an outside sales representative and
expanding the service area.

Priced at $1,110,000, at 10% down payment of $111,000
returns $131,307 in the first year after debts, a 118% ROI!
This business has an excellent local reputation and client
base, an experienced staff, all of the needed equipment for
current operations, strong growth potential, and a spacious
location for operations. Everything that new ownership could
possibly need to enjoy this highly profitable business.

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.

Reason for Selling:

Shifting focus to non-competing business.

Additional Details:

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

Documents:

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