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Carpet Cleaning and Restoration Supplies Business

Off-Market

Boardman, OH

Carpet Cleaning And Restoration, Supplies Materials As Well

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Revenue

$1,000,000

Earnings (SDE)

$250,000

Margin

25.0%

Year Established

1994

Listed

30+ Days

Customers

Approximately 35% of business is commercial work with major clients including Universities, Medicals, the Lake Club, restaurants, and doctors' offices. Business operates across five counties with dedicated phone numbers in each county routing to main office. Company has tens of thousands of customers in database and maintains a 4.8-star rating

Customer Acquisition

Approximately 85% of customers come from repeat business and customer referrals. Some customers come through marketing; however, the owner has cut back on marketing because he no longer has the time to serve that many customers.

Team

9 team members, all on direct payroll

Owner's Role

The owner is not that involved anymore; they go in twice a week to clean the carpets.

Reason for Selling

Owner looking to retire.

Contracts

No

Real Estate

The owner personally owns a 9,000-square-foot building; the business occupies approximately 7,500 square feet and rents the space. The building is estimated to be worth approximately $630,000 based on recent comparable sales at $70 per square foot. The buyer can either rent the building from the current owner or negotiate to purchase it separately from the business operations. The business includes four carpet cleaning trucks with truck mounts (newer Transit models, lettered, and equipped with the best equipment available).

When Are You Looking to Sell

ASAP

Licenses Required

No

Additional Notes

The Rug Spa facility contains approximately $550,000 in equipment installed three years ago, including a rug wash machine, centrifuge, duster, and other heavy-duty equipment. The owner also has approximately 30 dehumidifiers, approximately 100 air movers, infrared cameras, pro meters, air scrubbers, generators, and other restoration equipment. Inventory and supplies are valued at approximately $100,000 or more

Business ID: 1805

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