Independent Carpet Cleaning Services
NCListing DetailsOffice ID: CLEAN3
Status: Offer Pending
Listing Broker: Jeff Snell, M&AMI, CBI, ABI
Listing Price: $135,000
Gross Revenue: $107,179
Cash Flow: $57,904
Inventory Included: Yes
FF&E Included: Yes
Sale Price: $135,000
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will participate in commercial lender/SBA owner financing requirements.
Absentee Owner: Yes
Home Based: Yes
Reason for Sale:Health reasons (Seller injured his knee and is unable to operate cleaning equipment).
Training:Seller will provide transition support.
OperationsYear Established: 2007
Form of Ownership: LLC
Employees (full-time): 1
Business Hours: scheduled as needed
Business Description:This absentee owned business has built a reputation as being among the best of the best in the Raleigh, NC area market providing a variety of services such as shampooing carpets, sanitizing countertops and removing stains from upholstered furniture. All technicians are background screened, drive logo embellished vehicles and wear uniforms that provide a professional appearance. Employees are trained in how to use cleansers and equipment safely to avoid damaging surfaces in a home with special attention paid to cleaning high value items. The business has invested in top-of-the-line Butler equipment and uses only environmentally safe cleaning products. Extra effort is taken to provide prompt, courteous service and insure that every customer is completely satisfied prior to job completion. Updated website and marketing materials are included in the transaction price. Actual inventory on hand as of closing date will be included. Current labor/equipment utilization averages 75% of one shift per week. As such a full-time owner operator could anticipate 25%+ increase in profit.
Historical Summary:Started in 2007 the Butler carpet cleaning vehicle has been well maintained in very good mechanical condition. The Butler extraction system is one of the most highly regarded systems available on the market providing high performance, reliability, ease of use and maintenance as well as strong resale value.
Owner Qualifications:New owner will want to take a carpet cleaning technician class which are available in Raleigh quarterly and near monthly somewhere within North Carolina. Owner/operator will need to be in reasonably good health and capable of operating carpet cleaning equipment and have a valid drivers license.
Competition:Carpet cleaning in general is a very competitive industry, but is split between low-price/high volume and higher price/lower volume providers. The franchised cleaners use couponing and deal sites to keep their trucks running. Independents and higher quality operators run fewer trucks at a higher profitability. This business has EXCELLENT online reviews on such sites as Google, Yelp!, Angie's List, etc. Very few neutral reviews and no negative reviews.
Potential Growth:In general, carpet cleaning businesses become most profitable with a third truck. Each truck can be expected to generate $13,000 of revenue per month considering realistic scheduling, travel time, maintenance, etc. Second and third shifts could also be added. Online marketing could be enhanced.
LocationType of Location: Home Based
This business can easily be relocated and is home-based with no expense required for commercial office space. This business can be operated from home with no costly franchise fee, royalties, ad fees, technology fees or other costs that negatively impact your bottom line. EVERY dollar paid to a franchisor is a dollar of profit out of your pocket - year after year after year.
Last Updated: Aug 19, 2020 / 3:49 PM
Financial Information Current As Of: Jan 21, 2015 / 1:24 PM