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Absentee Owned NorCal Carpet & Upholstery Cleaning Franchise - Rich Growth Territory! - SC2254


Absentee Owned Northern California Carpet & Upholstery Cleaning Franchise - Rich Growth Territory! - SC2254

 

This carpet and upholstery cleaning franchise is a Northern California Limited Liability Company and has been in operation for the past 15 years and under the current ownership for the past 1.5 years. They provide a number of services, including carpet cleaning, upholstery cleaning, and other cleaning service ranging from tile & grout cleaning to commercial floor care, leather cleaning and hardwood floor cleaning. Their non-toxic cleaning solutions are environmentally friendly and safe for children & pets! Their unique method of carpet cleaning allows for your carpet to be dry within 1 hour after cleaning, and they also offer a 30 day no spot return guarantee. This is an absentee owned business, with Sellers only working very sporadically in the business. This leads to tremendous growth potential.

Growth can be obtained through increased marketing and social presence, in particular targeting businesses in their local community. This business does approximately 60% of Revenue in Residential and 40% in Commercial. Target growth opportunities could be apartment complexes, property management owned properties, commercial businesses, churches and clubhouses to name a few. This business has tremendous growth potential as marketing is greatly needed and new account addition should be easy with the right amount of attention in the business.

Financial Information

  • $80,000 Asking Price
  • $135,000 Gross Revenue
  • $40,000 Down Payment
  • Yes Financing
  • On request Adjusted EBITDA

Business Location

  • City: Northern California
  • State: California

Financing Comments

  • Seller financing is available for up to 50% of the purchase price, dependent on the offered purchase price and the quality of the Buyer.

Reason for Sale

  • The Sellers are selling to pursue other interests.

Detailed information

  • Year Established: 2011
  • Home Based: No
  • Franchise: Yes
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 1
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 5
  • Inventory Included: Yes
  • Inventory Value: $5,000
  • Monthly Rent: $200
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 100
  • FF&E Included?: Yes
  • FF&E Value: $15,000
 

Training/Support

  • The Sellers are willing to provide training at 10 hours per week for 2 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.

Market Outlook/Competition

  • The carpet & upholstery cleaning services market in North America is expected to reach a project revenue of $24.308 Billion for 2030. A compound annual growth rate (CAGR) of 5% is expected between 2023 and 2030.

 

CA 02100708; NV 1003039



Listed By: Angela Suliguin

Background information

Reference:

SC2254

Year established:

2011

Reason selling:

The Sellers are selling to pursue other interests.

Finance

Sales:

$135,000

Operations

Employees:

Full-Time Employees: 1 Part-Time Employees: N/A Contractors: N/A

Equipment:

FF&E Included?: Yes FF&E Value: $15,000

Inventory:

Inventory Included: Yes Inventory Value: $5,000

Furniture fixtures and equipment:

FF&E Included?: Yes FF&E Value: $15,000

Premises

Facility:

Real Estate Available: No Real Estate Included: No Real Estate Value: N/A

Rent and lease terms:

Monthly Rent: $200

Location:

Business Location City: Northern California State: California

Opportunities

Market:

The carpet & upholstery cleaning services market in North America is expected to reach a project revenue of $24.308 Billion for 2030. A compound annual growth rate (CAGR) of 5% is expected between 2023 and 2030.

Price and terms

Price:

$80,000

Down payment:

$40,000

Financing:

Seller financing is available for up to 50% of the purchase price, dependent on the offered purchase price and the quality of the Buyer.

Training:

The Sellers are willing to provide training at 10 hours per week for 2 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.