Well Established Carpet Cleaning Business

Omaha, NE


Asking Price: Annual Revenue:
$1,050,000 $854,715

Services: Cleaning


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RE: Well Established Carpet Cleaning Business Broker: Jared Olson
Owner Financing is Available!
10% Buyer Down Payment $105,000 10% Seller Financing $105,000 80% Bank Loan $840,000

Quick Facts

Asking Price: $1,050,000
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: 1987
Employees: 7
BBN Listing #: 440234398
Broker Reference #: TRA038-B

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Business Overview:

This carpet cleaning business primarily handles B2B carpet cleaning with commercial housing units and does not require any licensing! They often have their services utilized between tenants, but in addition to this primary client base, they do have some residential clients. With services including carpet cleaning, carpet patches and repair, tile cleaning, hard floor cleaning, and minor water damage repair, they do not handle any jobs that would require additional safety licensing i.e., mold removal. Established over 30 years ago, this cleaning company has high levels of repeat clients and an excellent profit margin of 35%! This business has everything that they need to keep operating as is with over $450,000 work of assets included in purchase. 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 that the current staff does not have the capacity to take. 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 thanks to their excellent local reputation.

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 $1,050,000, at 10% down payment of $105,000 returns $140,219 in the first year after debts, a 133% 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.

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Market Competition and Expansion:

hiring outside sales representative, reimplementing previous marketing tactics, and expanding service area.

Reason for Selling:

Shifting focus to non-competing rug cleaning busin

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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