Established Triangle Floor Cleaning Business

Business Overview:

Established in 1998, this franchise company provides a range of specialized cleaning services including carpet, upholstery, rug, wood, and tile/stone cleaning, as well as marble polishing and stain and odor removal. The company serves residential and commercial customers in the Triangle area of North Carolina, a region that continues to experience rapid growth. With a strong market presence, this business has developed a loyal customer base and utilizes a patented cleaning system to maintain a competitive edge.  The company demonstrates solid revenues and a history of profitability. Its services are in demand with a typical customer profile of an educated female, around 40 years old, with a family income of approximately $100,000 per year. This turnkey operation includes a full complement of equipment and four service vehicles. Growth opportunities exist for a new owner to expand through increased advertising and marketing efforts.  As this business is home-based, the buyer will need to relocate the equipment, inventory of parts and chemicals, as well as the vehicles to their location. Therefore, there isn’t a rent expense considered as the business location will be determined by the buyer’s choice (home-based or stand-alone location).

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Property Features and Assets:

The business is currently operated from a home-based location. This structure provides flexibility for a potential buyer, as there is no existing lease obligation. The buyer will be responsible for relocating the business's equipment, inventory, and vehicles to a location of their choice. This could be another home-based setup or a stand-alone commercial facility, depending on the buyer's needs and preferences.

Assets = $66,000

Market Competition and Expansion:

The company operates in the cleaning services industry, which includes other franchise and independent businesses. The industry is competitive, with a focus on service quality and brand recognition.

The business has opportunities for growth. These opportunities include expanding service offerings, increasing marketing efforts, and targeting new customer segments.

Reason for Selling:

Exiting business to focus on other endeavors.

Additional Details:

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