Eastern KS Carpet Care and Restoration Company

Not Disclosed, KS
Douglas County

Kansas City CSA


Asking Price: Annual Revenue:
Not Disclosed $225,000

Services: Cleaning


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RE: Eastern KS Carpet Care and Restoration Company Broker: Jake Boyd
Owner Financing is Available!
Yes. Any SBA loan will require seller financing.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $225,000
Net Profit: $50,000
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: Not Disclosed
BBN Listing #: 842941672
Broker Reference #: Not Disclosed

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Business Overview:

This 25 year old business has the bulk of its customers in two cities in Eastern Kansas. It is certified by the IICRC. Although not based in Kansas City, the company's new owners should definitely penetrate this market for growth. With an excellent reputation in its markets, the company is ready to grow with new ownership. The ideal buyer is located in Kansas City metro looking to pick up growth westward in Topeka and Lawrence, but not necessary. The company does have work in Johnson County. Or, someone in Manhattan, Wichita, etc. looking to grow Eastward.

The company purchased new vans (2) in 2017 and 2018, and has new equipment as well.

The company is engaged in the following services:
-Carpet and Upholstery Cleaning (steam cleaning)
-Emergency Water Extraction & Drying
-Tile & Duct Cleaning
-General Restoration

Sales Breakdown: Typically Restoration runs about 10-15% of Sales and Carpet Cleaning/Care is the balance at 85-90% in any given year. Restoration is typically higher margin business and is growing for the company.
• Growth/Expansion into other markets/areas – Can expand into Kansas City area as well as Wichita given presence in two other cities, great reputation and brand recognition.
• Competitive Position: The company enjoys a solid piece of the two city market in the eastern part of the state. It uses steam cleaning which is recommended by carpet manufacturers, while some competitors do not.
• Market Channels: Residential and Commercial – While more revenue is residential, commercial is a great growth area. Such as the apartment market which is booming in Kansas City and Lawrence. Low vacancy rates; Commercial properties will be high in demand due to the constant vacancy rates over the last couple of years. Vacancy rates are expected to continue to decline and more and more complexes are being built.

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:

Retire

Additional Details:

  • The property is owned.
  • 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.

Relevant Links:

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