Commercial Carpet Cleaning Business

Not Disclosed, PA

Asking Price: Annual Revenue:
$125,000 $127,681

Services: Cleaning

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RE: Commercial Carpet Cleaning Business Broker: Jack Greenwalt

Quick Facts

Asking Price: $125,000
Annual Revenue: $127,681
Net Profit: Not Disclosed
Cash Flow: $77,990
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: Not Disclosed
BBN Listing #: 21314955
Broker Reference #: 2602-14046

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Business Overview:

This carpet and upholstery cleaning business began in 1985. They use an encapsulation (crystallization) method, a dry carpet cleaning method which only a few carpet cleaners use, that allows the carpets to dry in an hour or two. Approximately 90% of the work is commercial and 10% residential. Most of the work is done in the greater Harrisburg area, with one account that takes them into DC and Richmond, Virginia. By design, the owner has been scaling back and often turns away new business unless it is a referral from someone he knows. A new owner has an opportunity to grow this business.

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Property Features and Assets:

The current lease expires 9/30/18. This business is mobile and could be done from home. Assets: $15,000

Market Competition and Expansion:

The main competitors are janitorial services. However, they use a different process using truck mounts, which is a very wet process. Using this method, it can take more than a day for carpets to dry. The company does high quality work resulting repeat business and with many accounts having been serviced for over twenty years. There is a lot of potential for growth. By design, the owner has scaled his business back the last few years.

Reason for Selling:

The owner wants to retire.

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.

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