Listing #: 138-00054
Category: Service
  • Listed Price $ 230,000
  • Down Payment $ 90,000
  • Gross Sales $ 498,000
  • Total Income $ 145,000
  • Equipment/Fixtures$ 80,000
  • General Location Ventura County
For more information contact:
Brian Loring, CBB
Office: (818) 973-2755
Cell: (818) 451-7455
Office Website

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.

Financial Information

  • Gross Sales:$498,000
  • Total Income: $145,000
  • Listed Price:$230,000
  • Down Payment $90,000

Financing:

Assets & Lease Information

  • Inventory: $0
  • Leasehold Improvements: $
  • Equipment/ Fixtures: $80,000
  • Base Rent: $0
  • Total Rent: $0
  • Rent Deposit: $0
  • Year Established: 1988
  • Square Feet: 0
  • Lease Ends:
  • Lease Options:
  • Categories: Service
  • Other Assets:

Additional Information

  • Full-Time Employees:4
  • Part-Time Employees: 1
  • Contract Staff: 0
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  • Training Period: Two Weeks
  • Special License Required: None
  • Reason for Selling: Spinoff Business

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.