Longtime, Profitable Carpet Co.
This carpet, tile and upholstery cleaning company has been a fixture in Ventura County since 1988. One family has owned it for nearly 30 years and would like to hand it to energetic new operators. The brand is so well respected that more than 40 apartment buildings in the area give all their business to this trusted carpet cleaner. The military trusts them as well. The company for 12 years has been a special net vendor at Naval Base Ventura County, servicing thousands of apartments and homes at Point Mugu and Port Hueneme. The company has gone through the levels of government compliance needed to keep these recurring revenues in place. Included in the price of the business are 4 valuable vehicles. There are 3 specially-outfitted box trucks with built-in pressurized equipment, hoses, vacuums and water jets. The fourth vehicle is a fully-machined passenger van. One of the box trucks is leased. All the other vehicles are owned outright. The company operates with 4 fulltime employees, all W-2 workers, along with one part-time bookkeeper/accountant. The three full-time cleaning techs are paid on a commission-only basis. Gross revenues in recent years have been in the $500K-$600K range, with SDE’s often above $150K. For decades this operated as a home-based business, with the trucks getting parked overnight at a paid secure lot. In the last two years, however, the company has leased warehouse/office space in a business park. This space will not be available to a new owner. The buyer may revert back to a home-based model or find alternative office space.
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