SBA Pre-Approved - Successful Carpet Repair & C...

Eden, NC
Rockingham County


Asking Price: Annual Revenue:
$400,000 $396,631

Services: Cleaning


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RE: SBA Pre-Approved - Successful Carpet Repair & C... Broker: Bill Steffens
Owner Financing is Available!

Quick Facts

Asking Price: $400,000
Annual Revenue: $396,631
Net Profit: Not Disclosed
Cash Flow: $129,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 4
BBN Listing #: 305945992
Broker Reference #: CHARLNC001-N813

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Business Overview:

This 42 year old company has been repairing and cleaning rugs on the eastern seaboard for years. The family has simply decided to retire. Its reputation is solid. They take rugs from all over the country to repair and even sometimes hand clean. Their equipment is second to none, they can handle any rug any size. From a prayer rug to as big as a 20’ by 25’. On repairs, they do even handweaving, even downsizing a rug to fit the room. They can repair moth eaten holes, carpet beetles etc. The sellers are willing to train and assist a new owner for a period of time in the transaction. The employees have been there for a long time and will remain with the company. There are very good margins on this company. With new blood, the owners feel that the company could grow at least two fold. The business and the real-estate is available. The owner is asking $400,000 for the business. the land and building is listed for 475,000.00. It is listed with a real estate broker.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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