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- RE: KC Metro Carpet Care And Restoration Company
- Contact: Jake Boyd
Quick Facts
| Asking Price: | $279,500 | |
| 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 |
Business Overview:
This 25 year old business has the bulk of its customers in two cities in Eastern Kansas - serving Lawrence, Topeka and the KS side of Kansas City. 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.
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Reason for Selling:
Retire
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Kansas businesses for sale
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