Absentee Carpet & Upholstery Business Established Clients

Business Description

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 $59,000 Asking Price $135,000 Gross Revenue $29,500 Down Payment Yes Financing On request Adjusted EBITDA

Business Location Sacramento Region California

Financing Comments Seller financing is available for up to 50% of the purchase price at 7.5% interest over 3 years. The amount actually financed is 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 5 hours/week 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

Ad#:2467437

Additional details: - Listing status: Active - Revenue: $135,000 - EBITDA: Not Disclosed - Cash flow: Not Disclosed - Reason for selling: The seller are selling to pursue other interests. - Inventory: $5,000 Included in asking price - Facilities: Seller rents a storage unit, home based Real Estate Available: No Real Estate Included: No Real Estate Value: N/A (Home Based) - 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. - Franchise details: This business is an established franchise - Intermediary: Brett Sargent · Sunbelt of Sacramento · 916-634-0373 - Source listing: https://www.bizbuysell.com/business-opportunity/absentee-carpet-and-upholstery-business-established-clients/2467437/

Franchise System Information